Kremlin adviser Yuri Ushakov said Wednesday that the Chinese APEC hosts have already begun preparations and could place a three-way meeting on the summit agenda if circumstances are favorable. He added that the idea of such talks is not being dismissed in Moscow, Washington or Beijing.
Ushakov also noted that practical points on the substance of potential talks were discussed when Vladimir Putin met with US envoy Steve Witkoff. Separately, Putin and Xi are expected to hold a bilateral during the Nov. 18-19 gathering in Shenzhen, in China's south.
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Trump has urged Beijing to join US-Russia discussions on nuclear arms control, pointing to China's rapid expansion of its warhead stockpile. Chinese authorities have pushed back so far, arguing their arsenal remains much smaller than those of the US and Russia.
If a trilateral lands on the Shenzhen agenda, markets will parse any movement on nuclear arms dialogue or wider great-power engagement. Watch for formal scheduling, the Putin-Xi readout, and any statements on denuclearization that could nudge risk sentiment across energy, defense, and emerging markets.
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