PUTIN TO VISIT XI IN MAY IN IST OVERSEAS TRIP AFTER RE-ELECTION

Why in the news?

Putin’s upcoming visit to Xi Jinping in May signifies diplomatic engagement amid Western criticism and strengthening Russia-China relations.

source:wikimedia

About Scheduled Diplomatic Engagement:

  • Russian President Vladimir Putin is set to visit China in May for talks with Chinese President Xi Jinping, marking his first overseas trip after re-election.
  • Five anonymous sources familiar with the matter confirmed the planned visit, with details independently verified by four other sources.
  • The visit is expected to occur in the latter half of May, preceding Xi’s planned trip to Europe.
About one china policy:

●   Maintains ‘One China’ policy recognizing Taiwan as part of China.

●   Nations recognizing the People’s Republic of China(PRC) must break ties with the Republic of China(ROC).

●   Recognizes mainland China as legitimate, considers Taiwan as a breakaway.

●   Maintains unofficial ties with Taiwan.

●   Supports Taiwan by providing military equipment and intelligence against external aggression.

Understanding Importance of Taiwan:

●  Taiwan is crucial in semiconductor production, supplying chips for various electronic devices.

●  It dominates semiconductor outsourcing, with contract manufacturers contributing over 60% of global revenue.