Contents tagged with China
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Russian and Chinese navies to hold joint naval exercises in the South China Sea
Russia and China will hold joint naval drills in the South China Sea off the coast of China’s Guangdon province, Reuters reported, citing the Chinese Navy.
The exercises will begin and Monday and will last eight days.
The two navies will carry out defense and rescue operations, as well as exercises focusing on seizing islands.
The exercises come after the arbitration court in The Hague ruled that China did not have historic rights to the South China Sea.
Brunei, Malaysia, the Philippines, …
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Chinese media is skeptical over agreement with Ukraine on Antonov aircraft
The Chinese company Aerospace Industry Corporation of China (AICC), which has become party to the agreement with the Ukrainian state enterprise Antonov, is unable to produce planes of this level. Investigative journalists from the Chinese newspaper Toutiao reported on AICC’s viability.
Toutiao claims that according to the documents this Chinese company looks more like a fictitious firm than a large-scale enterprise. According to them, Aerospace Industry Corporation of China was registered in …
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Antonov announces it has not sold the rights of the An-225 to China
The Ukrainian state-owned aircraft manufacturer Antonov has clarified the details of a recent agreement with the Aerospace Industry Corporation of China, stressing that China will not be given the rights to produce An-225 Mriyas, according to a message posted on Antonov’s Facebook page.
Chinese television reported that the Ukrainian company had sold the rights to the aircraft.
“Antonov does not convey the rights to China for the An-225 aircraft… including intellectual property rights,” the …
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Ukraine's Antonov agrees to undergo joint production of An-225 with China
Ukrainian state enterprise Antonov agreed with the Aerospace Industry Corporation of China (AICC) on joint production of An-225 Mriya. The report on the website of concern Ukroboronprom which is a parent of the aircraft company, on Wednesday, August 31, states that contracts signed the day before provide for the construction of the second, upgraded unit of the aircraft and its supply to AICC.
"We are selling the second Mriya, which will be constructed here," the representatives of Antonov …
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Trade turnover between Russia and China fell by 17 percent
According to the report of China’s General Administration of Customs (GAC), the Russian-Chinese trade turnover decreased in July, 2016 by 15% in annual terms.
The total amount of trade turnover between the two countries amounted to $5.67 billion, of which China's exports to Russia were valued at $3.3 billion while imports from Russia to China were pegged at $2.3 billion.
These facts indicate that by the end of the first half of this year, total trade turnover declined by 0.9% relative to the …
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Russia and China to hold joint military exercises in the South China Sea
The Naval Forces of Russia and China will hold joint military exercises in the South China Sea even while the region is marked by unresolved territorial disputes.
Russia and China will hold naval exercises in the South China Sea in September. On Thursday, July 28th, the representative of the Chinese Defense Ministry Yang Yujun said "The purpose of the air and naval exercises will be the deepening of the relations between the Armed Forces of the two countries and the strengthening of their …
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Russia signs more than 30 economic agreements with China
Vladimir Putin's Saturday visit to Beijing was very productive, Euronews reported. More than 30 agreements were signed.
The subjects were, in particular: the establishment of a free trade zone between China and the Eurasian Economic Union, supplies of gas and grain from Russia to China and construction of a high-speed Moscow - Kazan highway.
The parties also discussed common efforts to combat terrorism and the situation in Syria and North Korea (DPRK). Also, Russia and China have agreed on …
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Russia and China sign joint agreement on the promotion of information and cyberspace
Chinese President Xi Jinping and Russian President Vladimir Putin signed a joint statement on the promotion of development in the field of information and cyberspace, Rosbalt reported. In addition, more than 30 agreements were signed on cooperation in the fields of economy and trade, foreign policy, infrastructure, technology and innovation, agriculture, finance, energy, media, Internet and sports. The signing of the agreements took place after Xi Jinping and Vladimir Putin held talks in …
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Putin announces plan to create new economic union with China
During his opening speech at the St. Petersburg Economic Forum, Russian President Vladimir Putin announced that a new Euro-Asian Economic Union is being planned. The Union will include China as one of its members, as reported by the Russian Gazeta.ru news portal.
“In June together with China we are planning to establish a vast Euro-Asian partnership,” Putin stated. He didn’t disclose any specific details of this partnership.
At the same time Putin called on all Russian partners in the already …
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Russia will not supply China with S-400 systems before 2018
Russia will not supply China with the S-400 before 2018, the CEO of Rostec, Sergey Chemezov, said in an interview with Kommersant.
"We have a rule: first we supply our army with weapons and only after that do we sell them abroad. A lot of our customers are asking us to supply them with arms earlier but we have warned them about the timing of the order from the start," Chemezov said.
As a result, he added that the Chinese army will receive Russian S-400s no earlier than 2018.
Previously it …