Russia has become China’s biggest oil supplier as the two super powers forge an alliance of convenience against the West.
China has now emerged as the leading financier of Kremlin’s war on Ukraine, buying Russia’s heavily discounted oil reserves that combined with India, is seeing 2.4 million barrels of Russian crude a day being sold.
But NATO leaders and diplomats and other world leaders including Australian Prime Minister Anthony Albanese meeting in Madridon Tuesday fear the Chinese indirect funding of the conflict is part of a broader security threat that includes the Indo-Pacific region.
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