Contents tagged with China
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US State Department says China on wrong side of history for backing Russia
After Chinese President Xi Jinping declared his support for Russia’s “sovereignty and security” during a Wednesday phone call with his Russian counterpart Vladimir Putin, the US State Department said countries siding with the Kremlin over the invasion of Ukraine will be “on the wrong side of history”, the Washington Post reported.
Xi said China is “willing to work with Russia to continue supporting each other on their respective core interests concerning sovereignty and security,” according to …
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NATO calls on China to condemn Russia over invasion of Ukraine
NATO Secretary General Jens Stoltenberg said the leaders of the alliance urge China to uphold international order and condemn Moscow over Russia’s invasion of Ukraine.
“Our message to China is that they should join the rest of the world and clearly condemn the brutal war against Ukraine,” Stoltenberg stated during a press conference following a meeting of the alliance’s leadership.
China is retaining its diplomatic and economic ties with Russia and has thus far failed to provide any …
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China promises to never attack Ukraine and provide economic support
China will never attack Ukraine and will respect the path that Ukrainians choose, said Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine Fan Xianrong at a meeting with the head of the military administration of the Lviv region, Maxim Kozitsky.
According to him, China, on the contrary, will help Ukraine, in particular in the economic direction.
"Each year, our country imports goods from all over the world worth more than $ 3 trillion. We are ready to …
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China refuses to supply aircraft components to Russian airlines
China has refused to supply Russian airlines with aircraft components. "We have instructed the airlines to determine themselves where it is possible to purchase these spare parts. As far as I know, they [the airlines] turned to China, but the Chinese refused, " Valery Kudinov, head of Airworthiness Maintenance Department of the Russian Federal Air Transport Agency, told reporters on the sidelines of the MRO Russia & CIS conference.
According to him, now Russian carriers will look for …
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Xi: China supports Russia’s demands for ‘non-expansion of NATO’
Beijing supports Russian demands for "non-expansion of NATO, “said Russian President Vladimir Putin with Chinese President Xi Jinping in a joint, published on the Kremlin's website.
The document says that the countries "oppose the further expansion of NATO, call on the North Atlantic Alliance to abandon the ideological approaches of the Cold War, to respect the sovereignty, security and interests of other countries, the diversity of their civilizational and cultural-historical structures, to …
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China cuts down Putin’s delegation to Olympics
The visit of Russian President Vladimir Putin to China, which will coincide with the Olympic games in Beijing, will be held without a large "retinue".
Due to coronavirus restrictions, China reduced Putin's delegation from 20-25 people to six, presidential aide Yuri Ushakov told RIA Novosti.
The head of the Russian gas giant Gazprom was among those who were expected to go to China but will not be included in the delegation. Miller will not accompany Putin, despite plans to sign a "very solid", …
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Putin urges China to abandon SWIFT
It is necessary to create an independent financial infrastructure to ensure trade operations between Russia and China, said Russian President Vladimir Putin during an online meeting with Chinese President Xi Jinping.
This should be a payment system that could not be influenced by other countries, said Russian presidential aide Yuri Ushakov, adding that this issue is "really being discussed."
According to Ushakov, Putin and Xi Jinping also discussed the increase in the share of national …
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Russia offers China to mine coal in Siberia
Russia wants to invite Chinese investors to the develop mineral deposits in its territory, said Russian Deputy Prime Minister Alexander Novak at a meeting of the intergovernmental Russian-Chinese commission on energy cooperation.
"Thanks to joint efforts, cooperation in the energy sector is progressively developing and has reached an unprecedentedly high level," he stated following a meeting in Moscow with Deputy Prime Minister of the State Council of the People's Republic of China Han Zhen.
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Russian oil companies want to offer electricity produced at their oil fields to mine crypto currency
Russian oil companies want to offer Chinese crypto currency miners to mine crypto currency at their oil fields
Russian oil companies have proposed to use Russian equipment in their fields for crypto currency mining. The proposal was sent for consideration to the Ministry of Industry and Trade, the Ministry of Statistics and the Central Bank of the Russian Federation, the newspaper Kommersant reports with reference to the letter of the deputy head of the Ministry of Industry and Trade Vasily …
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Russian gas supplied to China is cheapest in the world
The Kremlin has been unable to fill its budget after redirecting its gas policy towards the east after the annexation of Crimea and the beginning of the sanctions war with the West.
While spot gas prices in Europe and Asia exceeded $ 1,000 per thousand cubic meters, and in the United States soared at a record speed in 10 years, China continues to buy gas from the Russian gas giant Gazprom at bargain prices.
In the third quarter of 2021, the average cost of gas, which flows through the $9 …