Russia, China agree new coal deal for 100 million ton supply: state media

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Russia, China agree new coal deal for 100 million ton supply: state media
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A former defense official previously told Fox News Digital that Russia and China's energy relationship could provide economic relief in the event of US sanctions.

told Fox News Digital that China would play a role in mitigating any U.S. sanctions placed on Russia in the event Vladimir Putin authorizes any military action in Ukraine.

"A lot of the talk about economic sanctions is really a pie in the sky because China is now Russia’s banker," Wilkie said."Xi Jinping will back Putin if sanctions from the West come."Wilkie focused his argument on Beijing increasing its purchase of oil from Russia, which already stands as the second-largest exporter of oil to China, but the energy market appeared the easiest path for China to provide economic relief to Moscow.

"[China] would start buying a lot more energy from Russia," Wilkie explained."If we went to move on the SWIFT loan system that gives Russia access to western capital, China would pick up the slack with that.""Even if the Germans were to do an about-face on the Nord Stream 2, China would pick up the slack – they need the energy as much if not more than Europe does. That's how I would see that playing out," he said.

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