Contents tagged with China

  • 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 …

  • 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 …

  • Ukraine begins criminal proceedings over power bridge between Russia and Crimea

    A criminal case is being investigated under the article ‘Violation of the order of entry in the temporarily occupied territory of Ukraine and departure from it.’

    As was reported by the General Prosecutor’s office to the weekly Tyzhden, the Security Service of Ukraine, under the supervision of the Prosecutor’s Office of the Kherson region, has started criminal proceedings based on the construction of a power bridge to Crimea by Chinese vessel JIAN JI 3001.

    "Despite the existing ban, the …

  • Russia and China carry out first joint exercises on missile defense

    Russian and Chinese servicemen carried out their first computer-assisted, staff-command, missile defense exercises named Aero-Space Security 2016, Korrespondent.net reported with reference to the press service of the Russian Ministry of Defense.

    “The main purpose of staff-command exercises is the training of joint actions of operationally formed groups of Russian and Chinese air defense and missile defense against random and provocative strikes of ballistic and cruise missiles,” the statement …

  • Crimea hopes to attract Chinese tourists

    Authorities of the occupied peninsula are waiting for tourists from China for the 2016 holiday season.

    The occupational authorities of the Crimea hope that they will be able to surprise tourists from China during the holiday season and compensate for the shortage of vacationers, according to the head of the Crimean Parliament Committee for Health Resorts and Tourism, Alexey Chernyak.

    "The first group of more than 20 people visited Sevastopol on May 9th. We are already receiving pre-orders for …

  • U.S. Congressman proposes creating federal agency to counter Russian and Chinese propaganda

    U.S. Congressman Adam Kinzinger proposed to create a new federal agency to fight "Chinese and Russian propaganda," the Washington Examiner reported. His proposed bill would create a holistic government approach to combat the numerous instruments of propaganda used by Russia and China.

    "Russia continues to spew its disinformation and false narratives undermining the United States and its interests in places like Ukraine, and causes instability,” Kinzinger believes.

    He is confident that the …

  • Ukraine and China outline steps necessary to simplify visa regime

    In the course of consultations in Kiev, heads of the consular services of Ukraine and China have agreed on a number of steps to simplify a mutual travel regime for the citizens of the two countries.

    According to the Facebook post of the Department of Consular Service of the Ministry of Foreign Affairs of Ukraine, the ministry held top-level consular talks with China. The event was attended by the representatives of the Ministry of Foreign Affairs, Ministry of Internal Affairs, the …

  • Chinese investor to build high-speed railways in Ukraine

    A major Chinese investor is willing to invest in the construction of high-speed railway lines that will connect Kiev-Lvov-Warsaw-Berlin and Kiev-Odessa

    Volodymyr Omelyan, the Minister of Infrastructure of Ukraine, said that his department is preparing to sign a memorandum with one of the largest Chinese investor companies to build high-speed railway lines connecting Kiev-Lvov-Warsaw-Berlin and Kiev-Odessa.

    "We are preparing to sign a memorandum with one of the largest Chinese investors on the …

  • Russian Gazprom to receive 2 billion euro loan from Chinese bank

    Gazprom and the Bank of China have signed an agreement granting the Russian gas monopoly a €2 billion loan for a period of five years as reported by the press service of the company.

    It is the largest funding deal coming directly from one credit institution in the history of Gazprom. It was also noted by the company that it was the first bilateral loan agreement with the Chinese Bank.

    In August 2015 Gazprom secured a loan from a consortium of Asian Banks for $1.5 billion at LIBOR + 3.5% for …

  • With no one to sell to, Gazprom cuts natural gas purchases from Turkmenistan

    The head of Russian natural gas giant Gazprom, Alexei Miller, recently reported to President Vladimir Putin that his company is able to harvest 617 billion cubic meters of gas annually, but last year it was able to sell only 444 billion, meaning the Public Joint Stock Company has a surplus of 173 billion cubic meters of natural gas.

    While western sanctions against Russia do not specifically target hydrocarbons, the conflict in Ukraine has undoubtedly led many western countries to turn to …