Contents tagged with China

  • China thanks Kyiv for passing on military technologies

    An article in the Chinese media has caused widespread expert and public discussion, especially in China itself. Even the title of the article being circulated by the Chinese press is controversial: “Thank you Ukraine. Over more than 20 years, this country has passed on so many major military technologies to China”.

    The article notes that China’s military industry has undergone considerable development in recent years. Notably, China is now producing its own aircraft carriers, 5th generation …

  • Russia hands over anti-missile technology to China

    Russian President Vladimir Putin at the plenary session of the Valdai Discussion Club said that Russia is helping China to create a missile warning system. According to him, only Russia and the United States have this technology now, reports Interfax news agency.

    "I probably will not reveal a big secret, it will become clear, anyway, that now we are helping our Chinese partners to create a system of the early-warning radar system," said Putin.

    The system, which includes ground-based radars …

  • Russia helps China create missile strike warning system

    Russian President Vladimir Putin said that Russia has been helping China to create a missile strike warning system,reports RBC news agency.

    “Perhaps I won’t reveal to you the big secret, but it will still become clear. We are currently helping our Chinese partners to create a missile strike warning system. It’s a very serious thing, which will fundamentally enhance China’s defensive capability. Because at present, only the US and Russia have such a system,” the president said during a session …

  • Belarus finds new ‘big brother’ instead of Russia

    By the end of 2019, Belarus plans to sign a credit agreement with the China Development Bank to replace the loan it did not receive from Russia, Gazeta.ru reports, citing Belarusian Finance Minister Maksim Yermolovich.

    According to the minister, the Chinese bank has only provisionally agreed to give Minsk up to $500 million. The interest rate is still being discussed, and the loan will be denominated in yuans.

    “For quite a long time we have been building such relations with the Russian …

  • Maduro turns to Putin following China’s refusal to buy Venezuelan oil

    Venezuelan President Nicolas Maduro plans to make another trip to Russia, announced Kremlin Spokesperson Dmitry Peskov on Friday.

    According to Peskov, the visit is currently being planned.

    Peskov did not specify when the visit would take place, but he did note that Maduro would not be participating in the Russian Energy Week, which will be held from October 2-5.

    The visit will take place “quite soon”, most likely in the first few days of October, three informed sources told the Interfax news …

  • China promises Kremlin $2.6 billion to accelerate Russian economy

    The Russia-China comprehensive partnership and strategic cooperation has reached a new level, said Russian Prime Minister Dmitry Medvedev after meeting with Chinese Premier Li Keqiang in Moscow.

    Medvedev said that after the meeting he and Mr Keqiang signed a set of agreements consisting of nearly twenty documents, including commercial agreements and investment agreements.

    Overall, China plans to allocate roughly $2.6 billion to projects that form part of the plan to accelerate the Russian …

  • Putin orders construction of second gas pipeline to China

    On Monday, Russian President Vladimir Putin met with Alexey Miller, CEO of the gas monopoly Gazprom, and gave the green light to a new megaproject to supply China with gas.

    After the $9 billion Power of Siberia project, which will start pumping gas on December 1, Putin said that Gazprom must work on a pipeline to connect gas fields in Irkutsk, Krasnodar Krai and Yamal to the Chinese market.

    The Russian President said that he has repeatedly discussed this matter with the Gazprom CEO and with …

  • India to follow China in importing Russian timber

    Following China’s example, India now intends to start importing timber from Siberia and the Russian Far East.

    According to the India Times, the possibility of importing more timber from Russia was discussed between August 11-13 in Vladivostok, Russia, during a visit by an Indian delegation that was led by Minister of Commerce and Industry Piyush Goyal and included the heads of four Indian states and 140 Indian companies.

    On the Russian side, the talks were attended by Deputy Prime Minister …

  • Russia demands compensation from China for deforestation in Siberia

    Russia is expecting China to invest in a joint project to restore the forest in Siberia in the wake of illegal logging and subsequent exportation to china, Dmitry Kobylkin, Russian Minister of Natural Resources and Ecology, told Vedomosti in an interview.

    He said that “serious work” is being done with the Chinese.

    “I asked their law enforcement agencies to get involved,” Kobylkin explained, “Because I really don’t like the fact that we are dealing with their ‘comrades’ on our own here in …

  • Huawei and Russian Sberbank prepare to integrate payment services

    The Chinese giant is taking steps to achieve independence from the American Market. Recently it unveiled its own operating system, and now it has announced that it will be cooperating with a Russian state bank, reports DW.

    Russia’s Sberbank and the Chinese concern Huawei are discussing the possibility of integrating the Huawei Pay service with the bank’s own payment service. “We are also discussing various applications and services, how to create a microsystem, a base, how to combine our …