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Market Chatter: Russia Sets 'Serious Expectations' for Putin's Visit to China

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Russia said it has "very serious" expectations for President Vladimir Putin's visit to Beijing, which aims to bolster the "privileged partnership" between both countries, Reuters reported Monday, citing Kremlin spokesman Dmitry Peskov.

The visit, taking place on Tuesday and Wednesday, follows U.S. President Donald Trump's two-day trip and meeting with Chinese President Xi Jinping a week earlier.

When asked whether the proposed Power of Siberia 2 gas pipeline will be on the table, Peskov confirmed that all items on the bilateral agenda will be discussed with Xi, Reuters reported.

The Power of Siberia 2 gas pipeline is expected to deliver an additional 50 billion ​cubic ⁠meters per year from Russia's Arctic gas fields via Mongolia to China.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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