import operations: Putin said this would increase the stability of banks' servicing of export and import operations while there are ongoing risks on global markets, according to Deutsche Welle. Read more Are China and Russia challenging US military dominance In a show of good relations between the two allies, Xi was treated to pancakes with caviar and shots of vodka by his host. The Russian and Chinese sides confirmed their interest in using national currencies more actively in reciprocal payments, Putin said at a joint news briefing with Chinese Leader Xi Jinping after talks at the Eastern Economic Forum EEF in the Russian city of Vladivostok. Russia is increasingly looking to China for investment after a sharp decline in relations with the West after the 2014 annexation of Crimea from Ukraine and support for pro-Russian rebels in eastern Ukraine. President Xi Jinping said on Tuesday that Russia and China should work together to oppose trade protectionism and what he called unilateral approaches to international problems. China is seeking allies amid growing criticism of its militarization of the South China Sea and continued accusations of human rights breaches and unfair trade practices.
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