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The President said Russia is moving away from diktat of the market that denominates all commercial oil flows in US dollars.
China has repeatedly accused the US of straining their vast economic relationship through a slew of anti-dumping measures.
President Enrique Pena Nieto has gone out of his way to cultivate ties with China.
China and four ASEAN nations have competing claims in the South China Sea.
WTO member had voiced shock and frustration after India stymied the trade pact that could add $1 trillion to the world economy.
India runs the world's largest surgical contraception program as health workers pressured to reach sterilisation targets.
Even as Western statements are fueling fears of a return to all-out conflict, Beijing stresses on political solution.
In September, Modi launched a high-decibel drive to make India an export powerhouse.
This is the first time China has agreed to peak its CO2 emissions.
