Official confirmation from the Kremlin that Vladimir Putin will conduct a state visit to China on May 19–20 has anchored near-unanimous trader consensus on a positive outcome. The two-day trip, timed to mark the 25th anniversary of the 2001 Sino-Russian Treaty of Good-Neighborliness, Friendship and Cooperation, includes scheduled meetings with Xi Jinping focused on bilateral economic ties, strategic coordination, and regional issues. With the dates falling well inside the resolution window and preparations already complete, the market reflects the low likelihood of last-minute cancellation. Only unforeseen developments such as acute health concerns, sudden diplomatic disruptions, or security incidents could still alter the itinerary before month-end.