Russia, China Close In on Pipeline Deal, Leaving Beijing With the Upper Hand

Russia and China advanced plans for a long-delayed natural-gas pipeline to funnel Russian fuel to the Chinese but left core terms unresolved, a sign of Beijing's growing leverage in its relationship with Moscow.

Following talks in Beijing between Russian President Vladimir Putin and Chinese leader Xi Jinping, Moscow said the two sides had signed a legally binding memorandum to build the Power of Siberia 2 pipeline, a flagship project that would boost Russia's gas deliveries to China and tighten ties between the two...

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