Why is the world eagerly anticipating a meeting among the leaders of Russia, the US and China?

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• Russian President Putin unexpectedly proposes a Russia–US–China summit on ending the Ukraine conflict: How is China responding?

  According to Beijing Daily, on October 19 a Bloomberg reporter asked China's Foreign Ministry about reports that Russian President Vladimir Putin proposed a summit with Chinese and U.S. leaders next month to discuss ending the Ukraine crisis. Foreign Ministry spokesperson Mao Ning said she had no information to provide. The Wall Street Journal, citing sources close to the matter, reported that the Kremlin proposed a three-way dialogue on the sidelines of an upcoming informal APEC leaders' meeting, and that the idea was raised in an October 9 call between Putin and Donald Trump. Kremlin spokesperson Dmitry Peskov confirmed the parties are discussing a possible meeting but said there is no clear consensus on the meeting or its agenda, although all three sides acknowledge it is theoretically feasible.

  CafeF·20/10, 14:16• XAU/USDRussiaUkrainegeopolitics
• Trump reveals key details of possible three-way US-Russia-China meeting

  U.S. President Donald Trump said he is ready to attend a three-way meeting with Chinese President Xi Jinping and Russian President Vladimir Putin, with nuclear weapons and denuclearization on the agenda, possibly linked to his November visit to China. No date or agenda has been agreed yet. Kremlin spokesman Dmitry Peskov welcomed U.S. mediation efforts but stressed that Ukraine must take part in any final peace deal, while Ukrainian Foreign Minister Andrii Sybiha argued that such a meeting would only prolong the conflict. Positions on peace terms remain far apart, and Russia questions Zelensky's authority to sign, claiming his term ended in May 2024.

  CafeF·20/10, 02:56• PAXG/USDT• XAUT/USDT• XAU/USDDonald TrumpRussiaUkraine
• 72 hours of tension: Russia and China deploy ships and aircraft, one country 'squeezed', this time not Ukraine

  ABN24, citing Sohu, says Japan faced Russian activity to its north and Chinese activity to its south within 72 hours. Russia announced a 5-day bombing drill with live fire on Iturup (called Etorofu by Tokyo) from October 13 to 17, and closed airspace over the disputed islands from October 10 to 16; Japan protested through diplomatic channels on October 13, while Anadolu reported that as of October 15 neither side had officially confirmed the drill. In the south, China's Liaoning carrier group passed between Okinawa and Miyako and entered the Philippine Sea, prompting Japan to deploy the destroyer Yugiri, P-1 and P-3C patrol aircraft, and scramble fighters. China's Defense Ministry said the drills were not aimed at any country or specific target. A Chinese business delegation from Heilongjiang Province also visited Iturup to explore aquaculture, seafood processing and tourism, and Japanese Foreign Minister Toshimitsu Motegi said Tokyo was verifying the reports.

  CafeF·23/10, 15:51▲ PAXG/USDT▲ XAUT/USDT▲ XAU/USDgeopoliticsRussiaChina
• Russia announces time and venue for three-way talks with U.S. and Ukraine

  Kremlin spokesman Dmitry Peskov said trilateral talks between Russia, the U.S. and Ukraine are expected in Abu Dhabi in the first half of November, and he did not rule out European participation. Earlier, U.S. envoy Steve Witkoff met Ukrainian President Volodymyr Zelensky in Oslo on October 20 and then met Russian President Vladimir Putin in St. Petersburg, with Kirill Dmitriev also present. According to Axios, Russia and Ukraine agreed to resume trilateral talks with U.S. participation. A source told RBC-Ukraine that Kyiv does not expect these contacts to produce an energy ceasefire, seeing delegation-level talks and de-escalation measures as more achievable outcomes. Western media reported that U.S. President Donald Trump wants Zelensky and Putin to sign a peace deal at the G20 summit planned for Florida in December.

  CafeF·23/10, 13:25▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDUkraineRussiageopolitics
• Three major powers set to hold summit as Ukraine fears its fate will be decided behind its back

  Ukrainian President Zelensky said Beijing has influence over Moscow and should use it to end the war, and that a planned meeting of the US, Chinese and Russian leaders must not lead to the partition of Ukraine. A trilateral summit has been proposed on the sidelines of APEC in Shenzhen on 18-19 November, though no details have been announced. Zelensky said US envoys Steve Witkoff and Jared Kushner agreed to hold trilateral expert-level talks among Kyiv, Washington and Moscow in the first half of November, possibly in Abu Dhabi. Moscow said in principle it agreed to resume talks after 10 November, while Kyiv refuses to cede any territory it controls and Moscow demands that Ukraine withdraw from Donbas. Zelensky said he is ready to accept freezing the front lines, provided there are security guarantees from Washington and Europe.

  CafeF·24/10, 08:00• XAU/USDUkraineRussiaChina
• Trump Reverse Nixon Strategy: Bring Russia In, Shut China Out

  On Oct. 9, hours after a phone call between Trump and Putin, the Treasury Department issued a six-month waiver allowing Russian diesel to be sold on the global market, with the stated aim of lowering fuel prices before the Nov. 3 midterms. The author argues this is part of a broader strategy for the U.S. to control much of the world’s energy supply while denying it to China, pointing to Washington’s effective control of Venezuela’s oil exports after Maduro’s capture and the closure of the Strait of Hormuz. The author reads a possible U.S. investor role in the Nord Stream pipelines, discussed by Washington and Moscow, as a way to let Europe resume buying Russian gas, and likens the approach to Nixon’s opening to China run in reverse: pulling Russia away from China. The author expects Washington to press Kyiv by cutting military and intelligence aid, and warns of higher energy prices and inflation as costs.

  oilprice.com·24/10, 00:30oil pricesRussiaChina

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