Contents tagged with China

  • China increased exports to North Korea by 21 percent over the current year

    China's exports to North Korea in the first three quarters of 2017 increased by 20.9% in annual terms, according to customs data.

    Exports from China to the Democratic People's Republic of Korea amounted to $2.55 billion in the period of January to September. However, imports from North Korea in the first nine months fell 16.7% and total trade grew by only 3.7%, reports Vesti Finance.In September, the United Nations Security Council voted to strengthen sanctions against North Korea. Fuel …

  • Media: Most North Korean workers are returning home from China

    North Koreans who were working in China are returning en masse to their homeland due stricter rules for obtaining and extending visas after the UN Security Council imposed sanctions.

    "In the first half of 2017, about 20,000 North Koreans worked in the Chinese city of Dandong along the border with the DPRK (Democratic People's Republic of Korea). However, their number has significantly decreased now that China has strengthened sanctions,” Yonhap reports.

    On September 12th, Chinese authorities …

  • SBU initiates criminal proceedings over the sale of Ukraine’s Motor Sich to Chinese investors

    On 6 July 2017, the Security Service of Ukraine (SBU) initiated criminal proceedings according to the article on “preparation for sabotage” in connection with the sale of the Motor Sich factory to Chinese investors affiliated with the company Beijing Skyrizon Aviation Industry Investment Co. Ltd, reports with a reference to the ruling of the Shevchenkivsky District Court from September 7.

    “The pretrial investigation has established that from 2016 to the present, unidentified persons …

  • Ukrainian sunflower oil holds 40% share of Chinese market

    Ukrainian sunflower oil produced under the local brand, Jinlongyu, accounts for 40% of the domestic market in China, as indicated in an article written by Alexei Koval for ZN.UA, citing representatives of Delta Wilmar.

    Koval points out that this success was possible through a proper marketing strategy and an advertising campaign that the Chinese consumer understands.

    At the same time, importers of Ukrainian oil earn the added value which could have remained in Ukraine if Ukrainian producers …

  • Putin: Joint Sino-Russian exercise is held for 'mastering the skills'

    President Vladimir Putin, commenting on the Russian-Chinese military exercise, Naval Interaction 2017, said that Russia and China have not created any military blocs or alliances. He stated this at a press conference following talks with the Finnish leader, Sauli Niinistö.

    Putin explained that the military "is simply refining their skills and interaction with each other." According to Putin, this is a good example of cooperation.

    According to the Russian President, cooperation between Russia …

  • Russian Defense Ministry: About 10 ships to take part in Russian-Chinese naval exercise in Baltic

    About 10 Russian and Chinese vessels will take part in the first phase of the Joint Sea 2017 exercise, which will be held in the Baltic Sea between the 21st and the 28th of July, the press service of the Russian Defense Ministry reported.

    “Between the 21st and the 28th of July, in Baltic Sea waters, the first stage of the bilateral Russian-Chinese Joint Sea 2017 naval exercise will be held. It will involve nearly ten ships and vessels of various classes, more than ten planes and helicopters …

  • Polish Minister of Defense: Russia-China strategic alliance poses a threat to the free world

    Antoni Macierewicz, the Minister of National Defence for Poland, accused Russia and China of creating a strategic alliance that ‘threatens the free world,” in response to the Russian-Chinese military exercises in the Baltic.

    “Over the past few years, Russia and China have tried to hide the strategic alliance that unites them. They tried to create the impression that there is no such union. They gave the appearance of a conflict between them in order to mislead the public opinion of the West …

  • China: US anti-missile defense in South Korea damages the security of China and Russia

    The THAAD missile system deployed on the territory of South Korea violates the strategic balance in the region, as well as damages the security of several countries, including China and Russia, TASS quotes Chinese President Xi Jinping as saying.

    "The Chinese side has already expressed strong protest and serious concern," the Chinese leader said, adding that the US anti-missile defense system "will not help denuclearization on the Korean peninsula."

    "The Chinese side has put forward a 'two- …

  • Media: Iran and China will hold joint naval exercises

    Servicemen of the Chinese and Iranian Navies will hold joint exercises in the Strait of Hormuz, Mehr agency reports. It was reported that the destroyer Chang Chung, the supply vessel Chao Hu, the Jin Zhou rocket frigate and a helicopter will take part in the exercises that will be held on June 19.

    According to Mehr, the parties intend to demonstrate their military potential and share their experience.

    At present, the Chinese fleet is located in the Iranian port city of Bandar Abbas with the …

  • Media: Russian-Chinese negotiations on new gas contracts came to a deadlock

    The two-year-long negotiations with China on increasing gas supplies and the building of two new pipelines have come to a deadlock, as stated in an article by Reuters.

    Sources of the agency who are familiar with the situation note that Beijing does not see the need for "The Power of Siberia-2" pipeline (western route) and supplies from Sakhalin (Far Eastern route), which had been discussed since 2015. The capacity of the first gas pipeline, as expected, will be 30 billion cubic meters per year, …