TaiShang
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Even the trade with Vietnam is over 100 billion, which is great and should grow further. But we need to go beyond that mark as soon as possible.
China-Russia Strategic Partnership: News and Analyses
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Even the trade with Vietnam is over 100 billion, which is great and should grow further. But we need to go beyond that mark as soon as possible.
TaiShang
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Russia, China to Hold Drills Practicing Response to Ballistic Missile Strikes
© Sputnik/ Valeriy Melnikov
15:30 17.11.2017(updated 15:36 17.11.2017)Get short URL
Russia and China continue military cooperation amid the growing number of drills in the East Asian region.
MOSCOW (Sputnik) – The Russian Defense Ministry has announced that joint military computer drills with China during which the armies will practice measures in the event of "accidental and provocative ballistic missile strikes."
According to the ministry, the main goal of the joint drills set to take place in Beijing from December 11-16 is to work out the response to sudden and provocative attacks against the territories of China or Russia with the use of ballistic or cruise missiles.
For its part, the Chinese Defense Ministry has also commented on the upcoming event, saying that "the drills are not directed against third countries."
Situation on Korean Peninsula
The announcement had been made amid joint US-South Korean drills that kicked offon November 11, while the number of war games in the region has increased in recent months amid the unprecedented escalation of the North Korean crisis.
Earlier, South Korea together with the US and Australia held joint military drills in the East China sea aimed at what was said to be the "prevention of import and export of North Korean nuclear weapons and other weapons of mass destruction, and the implementation of UN Security Council resolutions regarding the illicit and provocative actions of North Korea."
READ MORE: Trump's Claims About Double Freeze Plan Rejection Have No Confirmation
Russia and China have repeatedly voiced their concerns over the increased number of drills in the region and reiterated calls to solve the North Korean issue via dialogue.
In the wake of the escalation of the crisis on the Korean peninsula this summer by Pyongyang's missile launches, Russia and China proposed a so-called double freeze plan that stipulated simultaneous cessation of North Korea's nuclear activity and US-South Korean military exercises. The US has so far rejected the plan, while North Korea hasn't provided a response yet.
https://sputniknews.com/military/201711171059188661-russia-china-missile-strike/
TaiShang
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Extraordinary Russian-Chinese Economic Integration in Siberia Gathers Pace
China's Belt and Road Initiative heralds a new era with mega infrastructure projects dotting the landscape
Pepe Escobar
Thu, Dec 14, 2017
Geostrategic stupidity courtesy of America's NEOCONS
If you are looking for the latest breakthroughs in trans-Eurasian geo-economics, you should keep an eye on the East – the Russian Far East. One interesting project is the new state-of-the-art $1.5 billion
Bystrinsky plant. Located about 400 kilometers from the Chinese border by rail and tucked inside the Trans-Baikal region of Siberian, it is now finally open for business.
This mining and processing complex, which contains up to 343 million tonnes of ore reserves, is a joint venture between Russian and Chinese companies. Norilsk Nickel, Russia’s leading mining group and one of the world’s largest producers of nickel and palladium, has teamed up with CIS Natural Resources Fund, established by President Vladimir Putin, and China’s Highland Fund.
But then, this is just the latest example of Russian and Chinese cooperation geared around the New Silk Roads or the Belt and Road Initiative (BRI). Beijing is the world’s largest importer of copper and iron ore, and virtually the entire output from Bystrinsky will go to the world’s second largest economy.
Naturally, to cope with production, a massive new road and rail network has been rolled out, as well as substantial infrastructure, in the heart of this wilderness. Yet there is another major BRI initiative about 1,000km east of Bystrinsky. Work started on the Amur River Bridge, or Heilongjiang as the Chinese call it, in 2016 and the road and rail links should be finished in 2019.
The project is being developed by Heilongjiang Bridge Company, a Russia-China joint venture, along a crucial stretch of the Russian-Chinese border. It will also be part of a huge trade corridor, which will transport iron ore to China from the Kimkan mine, owned by Hong Kong’s IRC Ltd, in Russia.
The Amur River Bridge, linking Heihe, in Heilongjiang province, with Blagoveshchesnk in the Russian Far East, is a natural part of the New Silk Roads program. It is well connected to one of BRI six major corridors – the China-Mongolia-Russia Economic Corridor, or CMREC, via the Trans-Siberian Railway all the way to Vladivostok.
CMREC’s additional importance is that it will connect BRI with the Russia-led Eurasia Economic Union, or EAEU, as well as the Mongolian Steppe Road program. CMREC has two key links. One involves China’s Beijing-Tianjin-Hebei to Hohhot before winding on to Mongolia and Russia. The other is from China’s Dalian, Shenyang, Changchun, Harbin and Manzhouli to Chita in Russia, where the Bystrinsky plant is located.
Numerous aspects of the Russian-Chinese intranet were extensively discussed at the Third Eastern Economic Forum in Vladivostok in September. CMREC involves closer cooperation, especially in energy, mineral resources, high-tech manufacturing, agriculture and forestry. Chinese Vice-Premier Wang Yang had already announced even closer economic cooperation with Russia, including a $10 billion China-Russia Investment Cooperation Fund in yuan for BRI and EAAU projects.
Monetary integration
Part of this will include Russian-Chinese investment funds, known as Dakaitaowa, or “to open a matryoshka doll”. Monetary integration and energy cooperation are all part of an ambitious Russian-Chinese package. This will allow trade to be settled in yuan, instead of US dollars, in Moscow via the Industrial and Commercial Bank of China. Products promoted under the http://www.madeinrussia.com “Made in Russia” brand are bound to get a boost.
According to the China General Administration of Customs, Russia continues to be the country’s leading crude oil supplier, exporting more than one million barrels per day, ahead of Saudi Arabia and Angola. Exports of Russian oil to China have more than doubled during the past six years.
Last month, the Russian parliament approved the draft of a conservative 2018-2020 Russian federal budget at $279 billion. This included increased spending in the social sector, a higher minimum wage, and increased salaries for teachers and healthcare workers.
Manufacturing in Russia has actually grown in absolute terms during the past decade along with a slight rise in GDP. Contrary to Western perceptions, energy revenue in Russia amounts to only around 30 percent of the federal budget. In absolute terms, it actually fell from 2014 to 2016, while non-oil and gas income has increased steadily since 2009.
Those were the days when Saudi Arabia and the Gulf petro-monarchies were dumping excess capacity on the oil market in a price war that was bound to ruin Russia’s finances. The draft budget assumes the price of oil will stay around at least $40.80 a barrel during the next few years. In fact, it may actually rise from its current $61.03 for the OPEC basket. Of course, that would boost Russia’s reserves.
Natural resources
As for exports, oil accounts for around 26 percent of Russia’s GDP. Oil and gas as a percentage of total exports fell during the past two years from 70 percent to 47 percent, but they are still the country’s top export money earners. When you add other commodities, such as iron, steel, aluminum and copper, revenue from natural resources come to more than 75 percent of Russia’s total exports.
But the key problem ahead for the country is the debt of provincial governments, and not defense, which is much lower than during Gorbachev’s reign in the late 1980s. Still, the integration of BRI and EAEU now offers excellent opportunities for Russia.
To put this into context, we have to go back to the 1689 Treaty of Nerchisk at a time when Manchus, an ethnic minority in China and the people from whom Manchuria derives its name, were deeply concerned about Cossack incursions into their lands.
Nerchisk was the first Chinese treaty with a European power, and it safeguarded borders and regulated relations between the two neighbors for nearly two centuries. For the first time, Russians could trade directly with the Middle Kingdom and negotiate as equals. No Russian or Manchu was spoken, but Latin, via two Jesuit interpreters. They were well positioned in the Qing court by supplying the Kangxi emperor with weapons, as well as advanced courses in geometry and astronomy.
Century of humiliation
Now, compare this with the “unequal treaties” of the 19th century with England, France, the United States and Germany, known as the “century of humiliation” in China. It is true that Russia gobbled up Chinese lands back then, as well as securing the Amur basin and the eastern side of the Sikhote-Alin mountains, which denied the country access to the Sea of Japan.
At the time, the Qing dynasty was helpless. Everything was later formalized by, well, treaties. China lost what was known as Outer Manchuria and Eastern Tartary. Today this whole region is known as Primorsky Krai, Russia’s Maritime Province. Then in 2006, President Putin solemnly announced the resolution of all border disputes with China along the Amur. Beijing de facto agreed.
Now, with the integration of BRI and the EAEU, Russia has a great chance of fulfilling part of its Pacific Destiny, first envisaged when the Trans-Siberian rail link was finished in 1905. Today, that vision is alive with gold and timber in the mountains north of the Amur, fish in the Sea of Okhotsk and the Bering Sea, and gas reserves from Sakhalin island all part of a modern export chain.
http://russia-insider.com/en/extrao...omic-integration-siberia-gathers-pace/ri21936
China's Belt and Road Initiative heralds a new era with mega infrastructure projects dotting the landscape
Pepe Escobar
Thu, Dec 14, 2017
Geostrategic stupidity courtesy of America's NEOCONS
If you are looking for the latest breakthroughs in trans-Eurasian geo-economics, you should keep an eye on the East – the Russian Far East. One interesting project is the new state-of-the-art $1.5 billion
Bystrinsky plant. Located about 400 kilometers from the Chinese border by rail and tucked inside the Trans-Baikal region of Siberian, it is now finally open for business.
This mining and processing complex, which contains up to 343 million tonnes of ore reserves, is a joint venture between Russian and Chinese companies. Norilsk Nickel, Russia’s leading mining group and one of the world’s largest producers of nickel and palladium, has teamed up with CIS Natural Resources Fund, established by President Vladimir Putin, and China’s Highland Fund.
But then, this is just the latest example of Russian and Chinese cooperation geared around the New Silk Roads or the Belt and Road Initiative (BRI). Beijing is the world’s largest importer of copper and iron ore, and virtually the entire output from Bystrinsky will go to the world’s second largest economy.
Naturally, to cope with production, a massive new road and rail network has been rolled out, as well as substantial infrastructure, in the heart of this wilderness. Yet there is another major BRI initiative about 1,000km east of Bystrinsky. Work started on the Amur River Bridge, or Heilongjiang as the Chinese call it, in 2016 and the road and rail links should be finished in 2019.
The project is being developed by Heilongjiang Bridge Company, a Russia-China joint venture, along a crucial stretch of the Russian-Chinese border. It will also be part of a huge trade corridor, which will transport iron ore to China from the Kimkan mine, owned by Hong Kong’s IRC Ltd, in Russia.
The Amur River Bridge, linking Heihe, in Heilongjiang province, with Blagoveshchesnk in the Russian Far East, is a natural part of the New Silk Roads program. It is well connected to one of BRI six major corridors – the China-Mongolia-Russia Economic Corridor, or CMREC, via the Trans-Siberian Railway all the way to Vladivostok.
CMREC’s additional importance is that it will connect BRI with the Russia-led Eurasia Economic Union, or EAEU, as well as the Mongolian Steppe Road program. CMREC has two key links. One involves China’s Beijing-Tianjin-Hebei to Hohhot before winding on to Mongolia and Russia. The other is from China’s Dalian, Shenyang, Changchun, Harbin and Manzhouli to Chita in Russia, where the Bystrinsky plant is located.
Numerous aspects of the Russian-Chinese intranet were extensively discussed at the Third Eastern Economic Forum in Vladivostok in September. CMREC involves closer cooperation, especially in energy, mineral resources, high-tech manufacturing, agriculture and forestry. Chinese Vice-Premier Wang Yang had already announced even closer economic cooperation with Russia, including a $10 billion China-Russia Investment Cooperation Fund in yuan for BRI and EAAU projects.
Monetary integration
Part of this will include Russian-Chinese investment funds, known as Dakaitaowa, or “to open a matryoshka doll”. Monetary integration and energy cooperation are all part of an ambitious Russian-Chinese package. This will allow trade to be settled in yuan, instead of US dollars, in Moscow via the Industrial and Commercial Bank of China. Products promoted under the http://www.madeinrussia.com “Made in Russia” brand are bound to get a boost.
According to the China General Administration of Customs, Russia continues to be the country’s leading crude oil supplier, exporting more than one million barrels per day, ahead of Saudi Arabia and Angola. Exports of Russian oil to China have more than doubled during the past six years.
Last month, the Russian parliament approved the draft of a conservative 2018-2020 Russian federal budget at $279 billion. This included increased spending in the social sector, a higher minimum wage, and increased salaries for teachers and healthcare workers.
Manufacturing in Russia has actually grown in absolute terms during the past decade along with a slight rise in GDP. Contrary to Western perceptions, energy revenue in Russia amounts to only around 30 percent of the federal budget. In absolute terms, it actually fell from 2014 to 2016, while non-oil and gas income has increased steadily since 2009.
Those were the days when Saudi Arabia and the Gulf petro-monarchies were dumping excess capacity on the oil market in a price war that was bound to ruin Russia’s finances. The draft budget assumes the price of oil will stay around at least $40.80 a barrel during the next few years. In fact, it may actually rise from its current $61.03 for the OPEC basket. Of course, that would boost Russia’s reserves.
Natural resources
As for exports, oil accounts for around 26 percent of Russia’s GDP. Oil and gas as a percentage of total exports fell during the past two years from 70 percent to 47 percent, but they are still the country’s top export money earners. When you add other commodities, such as iron, steel, aluminum and copper, revenue from natural resources come to more than 75 percent of Russia’s total exports.
But the key problem ahead for the country is the debt of provincial governments, and not defense, which is much lower than during Gorbachev’s reign in the late 1980s. Still, the integration of BRI and EAEU now offers excellent opportunities for Russia.
To put this into context, we have to go back to the 1689 Treaty of Nerchisk at a time when Manchus, an ethnic minority in China and the people from whom Manchuria derives its name, were deeply concerned about Cossack incursions into their lands.
Nerchisk was the first Chinese treaty with a European power, and it safeguarded borders and regulated relations between the two neighbors for nearly two centuries. For the first time, Russians could trade directly with the Middle Kingdom and negotiate as equals. No Russian or Manchu was spoken, but Latin, via two Jesuit interpreters. They were well positioned in the Qing court by supplying the Kangxi emperor with weapons, as well as advanced courses in geometry and astronomy.
Century of humiliation
Now, compare this with the “unequal treaties” of the 19th century with England, France, the United States and Germany, known as the “century of humiliation” in China. It is true that Russia gobbled up Chinese lands back then, as well as securing the Amur basin and the eastern side of the Sikhote-Alin mountains, which denied the country access to the Sea of Japan.
At the time, the Qing dynasty was helpless. Everything was later formalized by, well, treaties. China lost what was known as Outer Manchuria and Eastern Tartary. Today this whole region is known as Primorsky Krai, Russia’s Maritime Province. Then in 2006, President Putin solemnly announced the resolution of all border disputes with China along the Amur. Beijing de facto agreed.
Now, with the integration of BRI and the EAEU, Russia has a great chance of fulfilling part of its Pacific Destiny, first envisaged when the Trans-Siberian rail link was finished in 1905. Today, that vision is alive with gold and timber in the mountains north of the Amur, fish in the Sea of Okhotsk and the Bering Sea, and gas reserves from Sakhalin island all part of a modern export chain.
http://russia-insider.com/en/extrao...omic-integration-siberia-gathers-pace/ri21936
Nevsky
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Backed by BRICS partners Russia and India, China will soon take the top spot from the United States as the world's biggest economy, Russian Foreign Minister Sergey Lavrov told RT.
Lavrov pointed out that the growing influence of BRICS in the global economy and the G20 will lead to a multi-polar world.
“I believe that our Western counterparts in the G20 realize more and more they need to bargain, they need to agree,” Lavrov said in an exclusive interview with RT.
“BRICS is not alone - it has allies, including Saudi Arabia, Mexico, Argentina, and Indonesia. I think half of the G20 group seek to take part in the decision-making process,” he said.
Talking about China, the minister said it has economic resources and interests in Latin America and wants to “invest in this part of the world because they don’t have many mineral resources.”
According to Lavrov, Latin America is very interesting not only for China, but for Russian companies as well.
“As our companies and Chinese companies get deeper into Latin America I strongly believe that there will be more projects,” Lavrov said, adding that BRICS and the New Development Bank (which was set up as part of BRICS) will also join this work.
Lavrov pointed out that the growing influence of BRICS in the global economy and the G20 will lead to a multi-polar world.
“I believe that our Western counterparts in the G20 realize more and more they need to bargain, they need to agree,” Lavrov said in an exclusive interview with RT.
“BRICS is not alone - it has allies, including Saudi Arabia, Mexico, Argentina, and Indonesia. I think half of the G20 group seek to take part in the decision-making process,” he said.
Talking about China, the minister said it has economic resources and interests in Latin America and wants to “invest in this part of the world because they don’t have many mineral resources.”
According to Lavrov, Latin America is very interesting not only for China, but for Russian companies as well.
“As our companies and Chinese companies get deeper into Latin America I strongly believe that there will be more projects,” Lavrov said, adding that BRICS and the New Development Bank (which was set up as part of BRICS) will also join this work.
Yingluck
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China Russian strategic partnership will spell the death of USA hegemony. For a long time, the Anglo Jewish tribe was successful in getting No 3 against No 2.
The UK allied with France against Germany (Imperial and Nazi). The USA allied with China against USSA. The No 2 got defeated.
The Yeltsin and early Putin administration were friendly to USA, but USA spurn Russia like toilet papers. The last straw on camel back was CIA color revolution in Ukraine against Russia -- hiving off Kiev from great motherland.
Losing Kiev is equivalent to China losing Yellow River (hypothetical) or India losing Indus.
Now No 2 (China) and No 3 (Russia) are allied against USA.
The UK allied with France against Germany (Imperial and Nazi). The USA allied with China against USSA. The No 2 got defeated.
The Yeltsin and early Putin administration were friendly to USA, but USA spurn Russia like toilet papers. The last straw on camel back was CIA color revolution in Ukraine against Russia -- hiving off Kiev from great motherland.
Losing Kiev is equivalent to China losing Yellow River (hypothetical) or India losing Indus.
Now No 2 (China) and No 3 (Russia) are allied against USA.
Nevsky
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Chinese President Says Ready to Enhance Cooperation With Russia in 2018
BEIJING (Sputnik) — Chinese President Xi Jinping expressed readiness to enhance trust with Russia and to expand cooperation with Moscow in 2018, local media reported Sunday.
According to the Xinhua news agency, the Chinese leader congratulated Russian President Vladimir Putin on New Year and expressed readiness to join Putin in "consolidation" of the mutual trust.
Xi also expressed hope that the comprehensive strategic cooperation between Beijing and Moscow would be expanded, the media outlet added.
In recent years, the level of cooperation between Russia and China has drastically increased, particularly in the fields of defense, energy and the economy.
In previous month, Russian President Vladimir Putin said at a meeting with his Chinese counterpart that Moscow and Beijing would look for new areas in which the two countries may cooperate.
BEIJING (Sputnik) — Chinese President Xi Jinping expressed readiness to enhance trust with Russia and to expand cooperation with Moscow in 2018, local media reported Sunday.
According to the Xinhua news agency, the Chinese leader congratulated Russian President Vladimir Putin on New Year and expressed readiness to join Putin in "consolidation" of the mutual trust.
Xi also expressed hope that the comprehensive strategic cooperation between Beijing and Moscow would be expanded, the media outlet added.
In recent years, the level of cooperation between Russia and China has drastically increased, particularly in the fields of defense, energy and the economy.
In previous month, Russian President Vladimir Putin said at a meeting with his Chinese counterpart that Moscow and Beijing would look for new areas in which the two countries may cooperate.
TaiShang
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China-Russia oil pipeline begins operating, expected to double imports
(Xinhua) 07:45, January 02, 2018
(File Photo)
A second line of the China-Russia oil pipeline began operation on Monday, raising China's annual imports of Russian crude oil from 15 million to 30 million tons.
Construction began in August 2016 on the 941.8-kilometer second line from Mohe, the northernmost point of China, which borders Russia, to the city of Daqing in Northeast China's Heilongjiang Province.
The line crosses North China's Inner Mongolia Autonomous Region.
The second oil pipeline was built in parallel with the first line between Mohe and Daqing, said Jiang Changliang, general manager of PetroChina Pipeline Company.
The project is intended to deepen energy cooperation between China and Russia and serve the China-proposed Belt and Roadinitiative.
Originating in the Russian town of Skovorodino, the new line enters China at Mohe. It operated smoothly and its transmission was 3,812 cubic meters per hour at the Mohe station.
The first line from Mohe to Daqing was put into use on January 1, 2011. It has transported a total of 110 million tons of crude oil so far.
http://en.people.cn/n3/2018/0102/c90000-9310371.html
***
The share of Saudi oil will further decline as long as they insist on using petrodollar in oil trade. How long Saudis can tolerate their declining status in the world's largest oil importing market?
(Xinhua) 07:45, January 02, 2018
(File Photo)
A second line of the China-Russia oil pipeline began operation on Monday, raising China's annual imports of Russian crude oil from 15 million to 30 million tons.
Construction began in August 2016 on the 941.8-kilometer second line from Mohe, the northernmost point of China, which borders Russia, to the city of Daqing in Northeast China's Heilongjiang Province.
The line crosses North China's Inner Mongolia Autonomous Region.
The second oil pipeline was built in parallel with the first line between Mohe and Daqing, said Jiang Changliang, general manager of PetroChina Pipeline Company.
The project is intended to deepen energy cooperation between China and Russia and serve the China-proposed Belt and Roadinitiative.
Originating in the Russian town of Skovorodino, the new line enters China at Mohe. It operated smoothly and its transmission was 3,812 cubic meters per hour at the Mohe station.
The first line from Mohe to Daqing was put into use on January 1, 2011. It has transported a total of 110 million tons of crude oil so far.
http://en.people.cn/n3/2018/0102/c90000-9310371.html
***
The share of Saudi oil will further decline as long as they insist on using petrodollar in oil trade. How long Saudis can tolerate their declining status in the world's largest oil importing market?
TaiShang
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These Key Russian Regions Are Forging Deep Economic Ties with China
The Volga Federal District, Altai Krai, and Chechnya are examples of how Russian-Chinese economic integration is accelerating.
Dmitry Bokarev
Jan 12, 2018
The cooperation at the regional level gives additional depth and solidity to the economic relations between the two countries.
It demonstrates the level of mutual trust and facilitates the establishment of truly warm relations, economic and cultural integration. By understanding this, Russia and China encourage contacts between their regions.
The Volga Federal District
One of the important trends of Russian-Chinese inter-regional cooperation is the Volga-Yangtze Project.
In 2013, in accordance with the approval of President of the Russian Federation Vladimir Putin, the Joint working group on cooperation in the economic and humanitarian fields was created for the regions of the Volga federal district of the Russian Federation and Upper and Middle Reaches of the Yangtze River in China.
The Volga Federal District includes 14 territorial entities of the Russian Federation, almost 30 million people living on its territory (20% of the Russian population). The Upper and Middle Reaches of the Yangtze River include five Chinese provinces and Chongqing – a direct controlled municipality with the total population exceeding 360.6 million people.
By the end of 2017, the parties exchanged several visits and held a few joint meetings. Agreements on trade and economic cooperation between the administration of Nizhny Novgorod Oblast (the administrative centre of which, Nizhny Novgorod, is also the administrative centre of the Volga Federal District) and Chinese provinces Anhui and Sichuan, were reached.
Overall, one can note that the cooperation between these large regional unifications of Russia and China is developing quite slowly. This relates to many legislative obstacles, absence of favourable terms for trade and the strict visa regime between the two countries. Nevertheless, many specialists consider that if these difficulties are removed, the relations between the Volga Federal District and the Upper and Middle Reaches of the Yangtze River are up to the bright future.
The Altai Region
Also, the interaction of China and Altai Krai of the Russian Federation has considerably increased recently. The cooperation in the spheres of economics, education and culture is being developed between the said Russian region and China.
The basis for the economic cooperation of Altai Krai and China is the trade of agricultural products. As is known, Altai Krai is included into the number of the leading territorial entities of the Russian Federation in the sphere of agriculture. The Chinese market of food products is one of the main markets for export into this region. Greater China periodically purchases big volumes of Altai flour, grains and honey. Also, Altai Krai is the largest Russian supplier of vegetable oil into China.
In 2015, the region sold to China 5.4 thousand tonnes of flour and more than 26 tonnes of honey (which is nine times more than the amount of honey purchased by the Chinese in 2014).
In June 2016, the administration of Altai Krai informed on the fourfold increase of the foreign economic turnover with China for the past year. Apart from other products, China purchased hundreds of tonnes of Altai ice-cream. In 2017, this tendency continued.
Altai Krai has the briskest trading with Xinjiang Uygur Autonomous Region, an autonomous territory in the north of China. Freight and cargo transportation between them is provided by road via Kazakhstan and Mongolia.
However, the excessive surplus of grains that is being observed in Altai Krai and the constantly growing demand of China in the import of quality food products and agricultural raw products demand from both sides the expansion of the trade and inclusion of new regions of China into it. The growth in exports to China is the main concern for Altai Krai administration.
It should be noted that there are a few obstacles in the Chinese legislation, preventing the Russian-Chinese trade of agricultural products to develop to the full extent. As an example, despite the growing popularity of Altai grain products into China, the quota system for import of flour, existing in China, prevents the growth in supplies, despite the growing popularity of Altai grain products – these quotas are only allocated among the Chinese companies.
Nowadays, Russia and China are conducting negotiations regarding cancellation or relaxation of Chinese import restrictions for agricultural products, and a certain success has already been achieved. Thus, China is obliged to get rid of tariff barriers by 2020, which do not correspond to the WTO requirements.
In November 2017, a meeting between the governor of Altai Krai Aleksandr Karlin and Li Hui, the Chinese Ambassador to Russia, took place. They discussed the prospects of the development of trade and investment cooperation between Altai Krai and China. Apart from traditional spheres of engagement, the parties touched upon the topic of tourism. According to Li Hui’s words, the territory shows a considerable potential in this sphere.
In the same month, the delegation of Altai Krai went to Shanghai, to the 21st International Exhibition of Food and Beverage, China’s global food and hospitality trade show FHC 2017. The Chinese businessmen and officials have an opportunity to get acquainted with the various products of Altai enterprises.
In general, the prospects of economic cooperation of China and Altai Krai can be taken a favourable view. It is well known that China’s own agriculture cannot fully provide for the demands of the population of the country, and the Chinese import of food products will only increase in the nearest future.
Considering these factors, as well as the ongoing work on the liberalization of Chinese trade legislation, the Russian producers of organic agricultural products can count on the significant growth of trade with China in the years immediately ahead.
The Chechen Republic
Another interesting article of news about Russian-Chinese cooperation at the regional level is the extension of contacts between China and the Chechen Republic. The oil business became the main sphere of economic cooperation of Chechnya and China.
In April 2017, the Chechen company ОАО ‘Chechenneftehimprom’ and the Chinese СРТSA signed a co-operation agreement. The Chinese oil producers won approval for exploration and development of Chechen oil/gas fields. As the first foreign partner of Chechnya in the oil industry, СРТSA was promised the most favourable operating conditions.
According to the words of Chechnya’s Prime Minister, Abubakar Edelgeriyev, the parties will engage not only in the oil extraction, but also the oil refining, which will positively influence the Chechen economy.
Another sphere of engagement of China and Chechnya is the safety and security arrangements. Recently, growth of terror threats has been noted in the Xinjiang Uygur Autonomous Region of China. To maintain security on their territory, China is intending to adopt the best Chechen practices of fighting against terror.
With this view, in November 2017, the Chinese delegation headed by Chen Gopin, who is the Special Representative on Combatting Terrorism and security issues of the People’s Republic of China, visited Chechnya. Apart from the issues of security, the representatives of the delegation discussed the further development of the economic cooperation with the Chechen senior-most officials. They stated that Chechnya is rich in resources and has remarkable potential for tourism.
In conclusion, one can note that Russia and China consistently develop the co-operation between these two regions, which already pays dividends.
Source: New Eastern Outlook
The Volga Federal District, Altai Krai, and Chechnya are examples of how Russian-Chinese economic integration is accelerating.
Dmitry Bokarev
Jan 12, 2018
The cooperation at the regional level gives additional depth and solidity to the economic relations between the two countries.
It demonstrates the level of mutual trust and facilitates the establishment of truly warm relations, economic and cultural integration. By understanding this, Russia and China encourage contacts between their regions.
The Volga Federal District
One of the important trends of Russian-Chinese inter-regional cooperation is the Volga-Yangtze Project.
In 2013, in accordance with the approval of President of the Russian Federation Vladimir Putin, the Joint working group on cooperation in the economic and humanitarian fields was created for the regions of the Volga federal district of the Russian Federation and Upper and Middle Reaches of the Yangtze River in China.
The Volga Federal District includes 14 territorial entities of the Russian Federation, almost 30 million people living on its territory (20% of the Russian population). The Upper and Middle Reaches of the Yangtze River include five Chinese provinces and Chongqing – a direct controlled municipality with the total population exceeding 360.6 million people.
By the end of 2017, the parties exchanged several visits and held a few joint meetings. Agreements on trade and economic cooperation between the administration of Nizhny Novgorod Oblast (the administrative centre of which, Nizhny Novgorod, is also the administrative centre of the Volga Federal District) and Chinese provinces Anhui and Sichuan, were reached.
Overall, one can note that the cooperation between these large regional unifications of Russia and China is developing quite slowly. This relates to many legislative obstacles, absence of favourable terms for trade and the strict visa regime between the two countries. Nevertheless, many specialists consider that if these difficulties are removed, the relations between the Volga Federal District and the Upper and Middle Reaches of the Yangtze River are up to the bright future.
The Altai Region
Also, the interaction of China and Altai Krai of the Russian Federation has considerably increased recently. The cooperation in the spheres of economics, education and culture is being developed between the said Russian region and China.
The basis for the economic cooperation of Altai Krai and China is the trade of agricultural products. As is known, Altai Krai is included into the number of the leading territorial entities of the Russian Federation in the sphere of agriculture. The Chinese market of food products is one of the main markets for export into this region. Greater China periodically purchases big volumes of Altai flour, grains and honey. Also, Altai Krai is the largest Russian supplier of vegetable oil into China.
In 2015, the region sold to China 5.4 thousand tonnes of flour and more than 26 tonnes of honey (which is nine times more than the amount of honey purchased by the Chinese in 2014).
In June 2016, the administration of Altai Krai informed on the fourfold increase of the foreign economic turnover with China for the past year. Apart from other products, China purchased hundreds of tonnes of Altai ice-cream. In 2017, this tendency continued.
Altai Krai has the briskest trading with Xinjiang Uygur Autonomous Region, an autonomous territory in the north of China. Freight and cargo transportation between them is provided by road via Kazakhstan and Mongolia.
However, the excessive surplus of grains that is being observed in Altai Krai and the constantly growing demand of China in the import of quality food products and agricultural raw products demand from both sides the expansion of the trade and inclusion of new regions of China into it. The growth in exports to China is the main concern for Altai Krai administration.
It should be noted that there are a few obstacles in the Chinese legislation, preventing the Russian-Chinese trade of agricultural products to develop to the full extent. As an example, despite the growing popularity of Altai grain products into China, the quota system for import of flour, existing in China, prevents the growth in supplies, despite the growing popularity of Altai grain products – these quotas are only allocated among the Chinese companies.
Nowadays, Russia and China are conducting negotiations regarding cancellation or relaxation of Chinese import restrictions for agricultural products, and a certain success has already been achieved. Thus, China is obliged to get rid of tariff barriers by 2020, which do not correspond to the WTO requirements.
In November 2017, a meeting between the governor of Altai Krai Aleksandr Karlin and Li Hui, the Chinese Ambassador to Russia, took place. They discussed the prospects of the development of trade and investment cooperation between Altai Krai and China. Apart from traditional spheres of engagement, the parties touched upon the topic of tourism. According to Li Hui’s words, the territory shows a considerable potential in this sphere.
In the same month, the delegation of Altai Krai went to Shanghai, to the 21st International Exhibition of Food and Beverage, China’s global food and hospitality trade show FHC 2017. The Chinese businessmen and officials have an opportunity to get acquainted with the various products of Altai enterprises.
In general, the prospects of economic cooperation of China and Altai Krai can be taken a favourable view. It is well known that China’s own agriculture cannot fully provide for the demands of the population of the country, and the Chinese import of food products will only increase in the nearest future.
Considering these factors, as well as the ongoing work on the liberalization of Chinese trade legislation, the Russian producers of organic agricultural products can count on the significant growth of trade with China in the years immediately ahead.
The Chechen Republic
Another interesting article of news about Russian-Chinese cooperation at the regional level is the extension of contacts between China and the Chechen Republic. The oil business became the main sphere of economic cooperation of Chechnya and China.
In April 2017, the Chechen company ОАО ‘Chechenneftehimprom’ and the Chinese СРТSA signed a co-operation agreement. The Chinese oil producers won approval for exploration and development of Chechen oil/gas fields. As the first foreign partner of Chechnya in the oil industry, СРТSA was promised the most favourable operating conditions.
According to the words of Chechnya’s Prime Minister, Abubakar Edelgeriyev, the parties will engage not only in the oil extraction, but also the oil refining, which will positively influence the Chechen economy.
Another sphere of engagement of China and Chechnya is the safety and security arrangements. Recently, growth of terror threats has been noted in the Xinjiang Uygur Autonomous Region of China. To maintain security on their territory, China is intending to adopt the best Chechen practices of fighting against terror.
With this view, in November 2017, the Chinese delegation headed by Chen Gopin, who is the Special Representative on Combatting Terrorism and security issues of the People’s Republic of China, visited Chechnya. Apart from the issues of security, the representatives of the delegation discussed the further development of the economic cooperation with the Chechen senior-most officials. They stated that Chechnya is rich in resources and has remarkable potential for tourism.
In conclusion, one can note that Russia and China consistently develop the co-operation between these two regions, which already pays dividends.
Source: New Eastern Outlook
Nevsky
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Russia, China Strike Deal to Jointly Explore Outer Space
MOSCOW (Sputnik) - Russian State Space Corporation Rosсosmos and the China National Space Administration signed on Saturday the agreement of intent for cooperation in the sphere of exploration of the Moon and the Outer space as well as on the creation of the Joint Data Center on the Lunar projects, the corporation said in a statement.
According to the statement, the State Corporation Roscosmos and the China National Space Administration aim to cooperate in the sphere of exploration of the Moon and the Outer space as well as on the establishment of the Joint Data Center on the Lunar projects.
"The sides have expressed readiness to consider the possibility of cooperation on the implementation of the Russian mission to launch the Luna-Resurs-1 (Luna-26) orbital spacecraft in 2022, as well as on the planned Chinese mission for landing in the region of the southern pole of the Moon in 2023," the corporation added.
The agreement was signed at the ongoing International Space Exploration Forum (ISEF) in Tokyo.
In November 2017, Beijing and Moscow said in a communique they aim to broaden long-term space cooperation through implementing the Russian-Chinese space cooperation program for 2013-2017.
The Russian-Chinese cooperation on the exploration of outer space is developing rapidly. On June 25, 2016, the two governments signed an agreement pact that sets out a legal frame work for protecting their rights to sensitive space technologies in joint projects, Russian state space agency Roscosmos said.
MOSCOW (Sputnik) - Russian State Space Corporation Rosсosmos and the China National Space Administration signed on Saturday the agreement of intent for cooperation in the sphere of exploration of the Moon and the Outer space as well as on the creation of the Joint Data Center on the Lunar projects, the corporation said in a statement.
According to the statement, the State Corporation Roscosmos and the China National Space Administration aim to cooperate in the sphere of exploration of the Moon and the Outer space as well as on the establishment of the Joint Data Center on the Lunar projects.
"The sides have expressed readiness to consider the possibility of cooperation on the implementation of the Russian mission to launch the Luna-Resurs-1 (Luna-26) orbital spacecraft in 2022, as well as on the planned Chinese mission for landing in the region of the southern pole of the Moon in 2023," the corporation added.
The agreement was signed at the ongoing International Space Exploration Forum (ISEF) in Tokyo.
In November 2017, Beijing and Moscow said in a communique they aim to broaden long-term space cooperation through implementing the Russian-Chinese space cooperation program for 2013-2017.
The Russian-Chinese cooperation on the exploration of outer space is developing rapidly. On June 25, 2016, the two governments signed an agreement pact that sets out a legal frame work for protecting their rights to sensitive space technologies in joint projects, Russian state space agency Roscosmos said.
Kiss_of_the_Dragon
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Interesting development, China and Russia sure can share the financial burden and complement each other on space exploration and eventually extend to others SCO nations. It's not impossible for both nations to undertake the Moon colonization..i mean make lunar base, We shall see who will be first, China-Russia or US?
TaiShang
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Russia, China Strike Far-Reaching Deal to Jointly Explore Outer Space
The Russia-China space program involves civilian and military applications, comes at a time when US-Russia space collaboration is in jeopardy
Michel Chossudovsky
This RT report suggests that:
1) US-Russia space collaboration including the joint Deep Space Gateway space station is potentially in jeopardy, largely as a result of Washington’s Russia-Gate campaign directed against the Kremlin. The article nonetheless acknowledges that the US-Russia space station project was agreed upon in September 2017.
2) The Russia-China space program involves both civilian as well as military applications. While this RT report largely focusses on civilian dimensions, it should be understood that Russia and China are military allies under the auspices of the Shanghai Cooperation Organization (SCO) (as well as in the contest of bilateral military cooperation channels.) Needless to say this joint Russia-China Space project challenges America’s self-proclaimed military hegemony of “Deep Space”:
Russia and China have agreed to create a joint data center for lunar and deep space projects, Russian space agency Roscosmos has announced.
The projects will involve Russian and Chinese scientific and industrial bodies and companies, Roscosmos said in a statement on Saturday.
Roscosmos and the China National Space Administration (CNSA) also signed an agreement of intent on cooperation over moon and deep space research, at the International Space Exploration Forum (ISEF) in Tokyo.
The countries will also look into the possibilities of providing assistance for each other’s lunar programs. That would include the launch of the Russian Luna-26 orbiter in 2022, and the Chinese planned landing on the south pole of the moon scheduled for 2023.
In 2017, Roscosmos and the CNSA signed a program of bilateral cooperation for 2018-2022, which includes space garbage monitoring and research into the moon, deep space and satellites, among other issues.
Russian space corporation Energia revealed a plan for a moon exploration program back in October 2017, which includes building a lunar base between 2040 and 2050. The company will also open a research center to develop moon exploration programs for future missions and support the joint Russian-US project of a new space station called Deep Space Gateway in the moon’s orbit. Moscow and Washington agreed on the project in September 2017, and the first modules could be ready between 2024 and 2026.
Source: Global Research
The Russia-China space program involves civilian and military applications, comes at a time when US-Russia space collaboration is in jeopardy
Michel Chossudovsky
This RT report suggests that:
1) US-Russia space collaboration including the joint Deep Space Gateway space station is potentially in jeopardy, largely as a result of Washington’s Russia-Gate campaign directed against the Kremlin. The article nonetheless acknowledges that the US-Russia space station project was agreed upon in September 2017.
2) The Russia-China space program involves both civilian as well as military applications. While this RT report largely focusses on civilian dimensions, it should be understood that Russia and China are military allies under the auspices of the Shanghai Cooperation Organization (SCO) (as well as in the contest of bilateral military cooperation channels.) Needless to say this joint Russia-China Space project challenges America’s self-proclaimed military hegemony of “Deep Space”:
Russia and China have agreed to create a joint data center for lunar and deep space projects, Russian space agency Roscosmos has announced.
The projects will involve Russian and Chinese scientific and industrial bodies and companies, Roscosmos said in a statement on Saturday.
Roscosmos and the China National Space Administration (CNSA) also signed an agreement of intent on cooperation over moon and deep space research, at the International Space Exploration Forum (ISEF) in Tokyo.
The countries will also look into the possibilities of providing assistance for each other’s lunar programs. That would include the launch of the Russian Luna-26 orbiter in 2022, and the Chinese planned landing on the south pole of the moon scheduled for 2023.
In 2017, Roscosmos and the CNSA signed a program of bilateral cooperation for 2018-2022, which includes space garbage monitoring and research into the moon, deep space and satellites, among other issues.
Russian space corporation Energia revealed a plan for a moon exploration program back in October 2017, which includes building a lunar base between 2040 and 2050. The company will also open a research center to develop moon exploration programs for future missions and support the joint Russian-US project of a new space station called Deep Space Gateway in the moon’s orbit. Moscow and Washington agreed on the project in September 2017, and the first modules could be ready between 2024 and 2026.
Source: Global Research
Nevsky
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Chinese tourism to Russia booming with record 1.5 million visitors
Tourists from China accounted for the highest number of foreign visitors to Russia last year, according to Chinese Ambassador Li Hui.
“The number of Chinese tourists in Russia reached 1.5 million in 2017. This is the largest number among all countries for Russia. China, for its part, ranked second among the countries visited by Russian tourists,” said the Chinese envoy at a board meeting of the Russian Ministry for the Development of the Russian Far East in Vladivostok.
According to Li, 32 tourist routes were established between the Heilongjiang province and Russia’s Far East. Vladivostok was the second favorite Russian city among Chinese tourists, with Moscow topping the list. The introduction of electronic visas for the Primorsky Region has made travel easier for Chinese citizens.
Russia and China have been working on boosting tourism. To accommodate growing number of visitors from China, Russia has introduced visa-free travel for Chinese tour groups and hired Chinese-speaking staff at airports and train stations.
Industrial tourism is also popular with Chinese tourists coming to the Urals region. They visit the Uralmash factory, which served as a model for the construction of China’s largest heavy machine production facility in 1958.
Tourists from China accounted for the highest number of foreign visitors to Russia last year, according to Chinese Ambassador Li Hui.
“The number of Chinese tourists in Russia reached 1.5 million in 2017. This is the largest number among all countries for Russia. China, for its part, ranked second among the countries visited by Russian tourists,” said the Chinese envoy at a board meeting of the Russian Ministry for the Development of the Russian Far East in Vladivostok.
According to Li, 32 tourist routes were established between the Heilongjiang province and Russia’s Far East. Vladivostok was the second favorite Russian city among Chinese tourists, with Moscow topping the list. The introduction of electronic visas for the Primorsky Region has made travel easier for Chinese citizens.
Russia and China have been working on boosting tourism. To accommodate growing number of visitors from China, Russia has introduced visa-free travel for Chinese tour groups and hired Chinese-speaking staff at airports and train stations.
Industrial tourism is also popular with Chinese tourists coming to the Urals region. They visit the Uralmash factory, which served as a model for the construction of China’s largest heavy machine production facility in 1958.
JSCh
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Xi congratulates Putin on election as Russian president
Source: Xinhua | 2018-03-19 10:14:16 | Editor: huaxia
Xi Jinping is awarded by his Russian counterpart Vladimir Putin the highest order of Russia, or the Order of St. Andrew the Apostle the First-Called, after their talks in Moscow, Russia, July 4, 2017. (Xinhua/Liu Weibing)
BEIJING, March 19 (Xinhua) -- Chinese President Xi Jinping on Monday sent a congratulatory message to Russian President-elect Vladimir Putin.
In the message, Xi said that over recent years, the Russian people have united as one in firmly advancing on the path of strengthening the nation, realizing rejuvenation and development, achieving remarkable success in economic and social development, and playing an important constructive role in international affairs.
Xi expressed the belief that Russia will definitely be able to keep creating new glories in national development.
Chinese President Xi Jinping and his Russian counterpart Vladimir Putin attend a signing ceremony after their talks in Moscow, Russia, July 4, 2017. (Xinhua/Rao Aimin)
Currently, the China-Russia comprehensive strategic cooperative partnership is at the best level in history, which sets an example for building a new type of international relations featuring mutual respect, fairness and justice, cooperation and all-win results, and a community with a shared future for mankind, Xi said.
China is willing to work with Russia to keep promoting China-Russia relations to a higher level, provide driving force for respective national development in both countries, and promote regional and global peace and tranquility, Xi said.
Source: Xinhua | 2018-03-19 10:14:16 | Editor: huaxia
BEIJING, March 19 (Xinhua) -- Chinese President Xi Jinping on Monday sent a congratulatory message to Russian President-elect Vladimir Putin.
In the message, Xi said that over recent years, the Russian people have united as one in firmly advancing on the path of strengthening the nation, realizing rejuvenation and development, achieving remarkable success in economic and social development, and playing an important constructive role in international affairs.
Xi expressed the belief that Russia will definitely be able to keep creating new glories in national development.
Currently, the China-Russia comprehensive strategic cooperative partnership is at the best level in history, which sets an example for building a new type of international relations featuring mutual respect, fairness and justice, cooperation and all-win results, and a community with a shared future for mankind, Xi said.
China is willing to work with Russia to keep promoting China-Russia relations to a higher level, provide driving force for respective national development in both countries, and promote regional and global peace and tranquility, Xi said.
Nevsky
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Re-Election of Putin, Xi to Promote Continuity of Russia-China Ties - Analysts
MOSCOW (Sputnik) - The re-election of Russian President Vladimir Putin, as well as the recent re-election of Chinese President Xi Jinping, will help both countries promote the continuity of their respective foreign policies as well as enhancement of bilateral cooperation, Chinese experts told Sputnik.
On Sunday, Russia held its presidential election. According to the latest figures from the Russian Central Election Commission, Putin secured his re-election with over 76 percent of the vote with over 99 percent of votes counted.
Further Rapprochement
Relations between Russia and China will continue to positively develop as the re-elected leaders are expected to promote their existing foreign policy courses, Chinese experts speculated.
"Putin's re-election as president will ensure Moscow's stable course toward China, and the Russian-Chinese relations will develop confidently and positively. Continuity of the leadership will ensure continuity of policy," Sun Changdong, a member of the council of the Russia-China research center of strategic partnership, told Sputnik.
Feng Yujun, a deputy director of Fudan University's Institute of International Studies, also believed that Putin's re-election meant that Moscow would continue developing good-neighborly relations and friendly cooperation with Beijing.
READ MORE: Russia, China to Work Jointly on Global Uranium Production Markets — Rosatom
"In the political sphere, the leaders of the two countries have already established constructive relations, Putin is well acquainted with the political system and political culture of China, he has extensive contacts with the Chinese leadership, so his election will contribute to the stable development of the Russian-Chinese relations," Feng said.
According to Feng, Putin's main foreign policy course will not change during the new presidential term, and Russian-Chinese relations in politics, the economy, security and other areas will be strengthened.
Governments Should Develop Economic Cooperation
Sun said that bilateral economic cooperation would continue developing as well, noting however that the Russian side should continue improving their business climate to attract new investment.
"The governments should try to create even better conditions in this area. I hope that the Russian side will work to improve the business climate, solve emerging problems in order to give more confidence to Chinese investors, especially potential investors. This is the only way to give impetus to the Russian-Chinese economic cooperation and to increase Chinese investment in the Russian economy," Sun said.
Feng speculated that the Russian authorities would now focus on developing the economy and improving people's lives, and that Russia would increase investment in high-tech industries and "adjust its policy accordingly."
"The tendency to enhance the Russia-China cooperation in the high-tech industry and infrastructure will remain in place… This includes the development of the Northern Sea Route, the ports of the Far East," Feng said.
According to the expert, Russia will continue its policy of "turning to the East" and pay more attention to China amid the ongoing deterioration of relations with the West.
Sun also noted that Russia and China should enhance their partnership in the humanitarian sphere, specifically in the fields of culture and sports. He added that China would provide Russia with its full support for the 2018 FIFA World Cup this summer.
The views and opinions expressed by the contributors do not necessarily reflect those of Sputnik.
MOSCOW (Sputnik) - The re-election of Russian President Vladimir Putin, as well as the recent re-election of Chinese President Xi Jinping, will help both countries promote the continuity of their respective foreign policies as well as enhancement of bilateral cooperation, Chinese experts told Sputnik.
On Sunday, Russia held its presidential election. According to the latest figures from the Russian Central Election Commission, Putin secured his re-election with over 76 percent of the vote with over 99 percent of votes counted.
Further Rapprochement
Relations between Russia and China will continue to positively develop as the re-elected leaders are expected to promote their existing foreign policy courses, Chinese experts speculated.
"Putin's re-election as president will ensure Moscow's stable course toward China, and the Russian-Chinese relations will develop confidently and positively. Continuity of the leadership will ensure continuity of policy," Sun Changdong, a member of the council of the Russia-China research center of strategic partnership, told Sputnik.
Feng Yujun, a deputy director of Fudan University's Institute of International Studies, also believed that Putin's re-election meant that Moscow would continue developing good-neighborly relations and friendly cooperation with Beijing.
READ MORE: Russia, China to Work Jointly on Global Uranium Production Markets — Rosatom
"In the political sphere, the leaders of the two countries have already established constructive relations, Putin is well acquainted with the political system and political culture of China, he has extensive contacts with the Chinese leadership, so his election will contribute to the stable development of the Russian-Chinese relations," Feng said.
According to Feng, Putin's main foreign policy course will not change during the new presidential term, and Russian-Chinese relations in politics, the economy, security and other areas will be strengthened.
Governments Should Develop Economic Cooperation
Sun said that bilateral economic cooperation would continue developing as well, noting however that the Russian side should continue improving their business climate to attract new investment.
"The governments should try to create even better conditions in this area. I hope that the Russian side will work to improve the business climate, solve emerging problems in order to give more confidence to Chinese investors, especially potential investors. This is the only way to give impetus to the Russian-Chinese economic cooperation and to increase Chinese investment in the Russian economy," Sun said.
Feng speculated that the Russian authorities would now focus on developing the economy and improving people's lives, and that Russia would increase investment in high-tech industries and "adjust its policy accordingly."
"The tendency to enhance the Russia-China cooperation in the high-tech industry and infrastructure will remain in place… This includes the development of the Northern Sea Route, the ports of the Far East," Feng said.
According to the expert, Russia will continue its policy of "turning to the East" and pay more attention to China amid the ongoing deterioration of relations with the West.
Sun also noted that Russia and China should enhance their partnership in the humanitarian sphere, specifically in the fields of culture and sports. He added that China would provide Russia with its full support for the 2018 FIFA World Cup this summer.
The views and opinions expressed by the contributors do not necessarily reflect those of Sputnik.
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