INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

China supported Russia to counter Wagner mutiny, says Moscow

Beijing says it is a neutral party in the Ukraine conflict. (AFP)
  • Russia said China expressed for the efforts of the leadership of the Russian Federation to stabilize the situation in the country.
  • It came after a meeting in Beijing between China's deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

MOSCOW, RUSSIA – Russia’s foreign ministry said on Sunday that Beijing had backed Moscow’s efforts to counter a short-lived armed uprising led by the head of the Wagner mercenary group Yevgeny Prigozhin.

“The Chinese side expressed support for the efforts of the leadership of the Russian Federation to stabilize the situation in the country in connection with the events of June 24, and reaffirmed its interest in strengthening the unity and further prosperity of Russia,” the Russian foreign ministry said in a statement.

The release came after a meeting in Beijing between China’s deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

Wagner mercenaries were headed back to base Sunday as their mutinous leader agreed to go into exile after President Vladimir Putin was forced to accept an amnesty deal.

China’s readout from the meeting however said the two deputy foreign ministers had “exchanged views” on bilateral ties and “international and regional issues of common concern”.

Beijing says it is a neutral party in the Ukraine conflict, but has been criticized by Western countries for refusing to condemn Moscow and for its close strategic partnership with Russia.