China, Russia to develop new jet
- Domestic aircraft manufacturer Commercial Aircraft Corp of China said on Thursday that it has started work to develop a wide-body commercial jet with Russia, and the passenger plane is expected to be delivered within 10 years. The 280-seat wide-body jet would have a range of 12,000 kilometers. The project signals the two countries’ ambitions to compete in the wide-body market, which is currently dominated by US aircraft manufacturer Boeing Co and European manufacturer Airbus Group SE.
China praises Russia’s contribution to resolving Korean Peninsula issue
April 28 2017
- Russia plays an active role in solving the Korean Peninsula problem, Chinese Foreign Ministry Spokesperson, Geng Shuang, said on Friday answering a question from a TASS correspondent. “Russia has played an active role in resolving the situation on the Korean Peninsula for a long time and made a significant contribution,” he said, adding that “the stances of Russia and China on this issue are very close.”
Putin says Russia, China maintain relations at ‘unprecedentedly high level’
April 26, 2017
- Russian President Vladimir Putin believes his upcoming talks with Chinese President Xi Jinping in Beijing in May will bolster an unprecedentedly high level of bilateral relations. “Our next contacts with President Xi Jinping are scheduled for May 14-15, within the framework of an international conference organized by the Chinese leadership and aimed at the development of economic cooperation in the region and in the world,” the president said as he met on Wednesday with Director of the General Office of the Communist Party of China Li Zhanshu.
Russia, China nix U.S. human rights claims
April 19, 2017
- U.S. Ambassador Nikki Haley said Tuesday that human rights violations have triggered conflict in Syria, stifled dissent in Burundi and led to repression in Myanmar — and the next international crisis could come from North Korea, Iran or Cuba where human rights are widely disregarded. But Russia and China disputed her contention that human rights violations are a main driver of conflicts. And Human Rights Watch questioned the Trump administration’s decision to focus on human rights at the U.N. Security Council in light of its own actions.
Russian-Chinese Joint Ventures in Russia’s Far East, Arctic
April 9, 2017
- The Zvezda facility will complement the Far Eastern Shipbuilding and Ship Repair Center (FESRC), currently the Far Eastern Federal District’s main facility for constructing and overhauling seagoing vessels (Dcss.ru, accessed April 7). As with Yamal, Russia is interested in possible Chinese participation. Last August, Russian ambassador to China Andrei Denisov said, “We are proposing to our Chinese colleagues to contribute to the development of our shipbuilding in Russia’s Far East. We are interested in attracting Chinese partners. If the Chinese side expresses interest in the reconstruction and modernization of production at the Russian Zvezda shipyard, then we will consider options, whether it would be investments or the purchase of a stake” (Sputnik News, August 8, 2016).
Russia and China Finding Ways to Avoid the U.S. Dollar
April 7 2017
- On March 14, the Central Bank of Russia opened its first overseas office in Beijing. The South China Morning Post said that the move was part of agreements “to seek stronger economic ties.” On March 29, the Industrial and Commercial Bank of China (icbc) established a clearing bank in Moscow to handle transactions in the Chinese currency, the renminbi (cny). The icbc is significantly larger than America’s largest bank, JPMorgan Chase. Russia is preparing to issue its first federal loan bonds in Chinese currency. On March 16, Dmitry Skobelkin, director of Russia’s central bank, told the Financial Times, ”Russia’s Finance Ministry is to issue $1 billion worth of renminbi … in ‘one to two months’ time ideally.’”
China Considering Cooperation With Russia on Space Debris
- China’s National Space Administration Secretary-General Yulong Tian says that China is contemplating developing cooperation with Russia with respect to space debris. “As for future cooperation, one area is the joint launching campaign. We have a new launch site in Hainan, and Russia has East [Vostochny] Cosmodrome. This could be area of cooperation between China and Russia,” Tian said on Wednesday. “Another area is space objects, space debris observations and management. These are the areas that we are exploring for cooperation between China and Russia.”
Russia may abandon International Space Station to join forces with China
- “The key question here is not about the size of the station or its location in space – whether it is going to orbit the Earth or the Moon. The key question is about international cooperation. We need to understand who our partners are. All other questions are secondary. Clearly, Russia and China can build such stations, but this is not a question of technologies or finance. Russia solves secondary questions related to modules and their functions. I believe that Russia and China can be very good partners at this point.”
Russia, China Oppose ‘Dangerous’ Deployment of US Missile Defense in S Korea
- Russia and China oppose the “dangerous idea” of deploying parts the US missile defense system in South Korea as negatively affecting their security, Russian Foreign Minister Sergei Lavrov said in an interview published Tuesday.
Russia, China Could Cooperate on Developing Reusable Rockets
- South China Morning Post reported that China is developing a rocket whose first stage will be designed to be reusable. Such a rocket will be capable of competing with the rocket designed by Elon Musks’s SpaceX. Russian military expert Vasily Kashin spoke to Sputnik China about this development. China has not yet decided on the basic design of its returning rocket. What is known is that the scheme used in SpaceX is not being taken into consideration, as it will be a different technology. One reason for that is that China sees the US design as flawed in its excessive consumption of fuel and payload
China to Unveil World’s First Civilian Sub Developed Jointly With Russia by 2018
- China is set to unveil a civilian submarine, developed with participation of Russian scientists, by the end of the year, local media reported Thursday The tourist submersible vehicle is being developed by the Tianjin Ostar Underwater Vehicles company with input from several Russian research institutes, while the Russian team set to double in the coming months, the China Daily reported, citing company Deputy General Manager Zou Yongchunhe.
Russia Creates ‘Special Business Force’ for Work in China
- Russia and China have entered a new era of strengthened bilateral relations, however, the language barrier and differences in culture still lead to billions of losses in business and economic ties. Despite the favorable environment, entrepreneurs from both countries are often afraid to cooperate because of their misunderstanding of one another
China, Russia agree to strengthen opposition to US’ THAAD missile system
1 Mar, 2017
- China and Russia have agreed to intensify their opposition to the US’ controversial THAAD missile defense system which is set to be deployed to South Korea, both countries have announced. “Both sides said they will continue to strengthen their coordinated opposition to THAAD (Terminal High Altitude Area Defense system),” the Chinese Foreign Ministry wrote on its website on Wednesday.
Russia, China Agree to Expand Cooperation in Fight Against Terrorism – Ministry
- Russian Deputy Foreign Minister Oleg Syromolotov and his Chinese counterpart Li Huilai noted the importance of creating a broad anti-terrorist front during a meeting in Moscow, the Russian Foreign Ministry said in a statement Monday
No Grandmaster Standoff: Russia and China ‘Pursue Same Goals’ in Central Asia
- Russia and China are not competing for influence in Central Asia since their priorities in the region coincide, including maintaining political stability, promoting economic development and upholding secular statehood, political analyst Alexander Lukin asserted
China’s FM Wang Calls Russian Late Envoy to UN Churkin ‘Outstanding Diplomat’
- Russia’s UN Ambassador passed away on February 20 in New York. Churkin served as Russia’s permanent representative to the United Nations and the Russian representative in the UN Security Council from April 2006 until his death. The diplomat would have turned 65 on Tuesday, February 21.
Four NATO powers prefer Russia to the US, Gallup poll shows
18 Feb, 2017
- A Gallup poll has revealed that citizens of four NATO nations would sooner count on Russia to defend them rather than the United States, Bloomberg reported on Friday, reflecting the changing perceptions of the US’s role in global security. Between October and December 2016, WIN/Gallup International asked around a thousand people in 66 countries who would be their go-to ally if attacked. While the military might of the US was still the first choice for most of the respondents polled, people from Greece, Turkey, Bulgaria and Slovenia – all members of the transatlantic NATO alliance – opted for Russia when asked whom they felt they could count on if they felt under threat.
Goodbye Petrodollar: Russia and China Dump US Treasuries, Buy Gold
Feb 9, 2017
- As Bloomberg’s Zhuo Zhang explains, Russia and China are selling their treasuries and buying up all the gold they can get their hands on As they sharply increase their gold reserves, China and Russia are selling off their U.S. Treasuries, with their hunger for the metal coming amid a strict diet excluding dollars. Gold is appealing to these countries because it shields them from the U.S. government’s ability to control the value of their holdings. Gold is a country-less currency. A continuing trend of reserve buildup and Treasury sales might weaken the dollar and pressure gold prices higher. China and Russia have officially added almost 50 million ounces of gold to their central banks while selling off more than $267 billion of Treasuries.
Russia and China are making true high speed cargo trains for 2 day transport instead of 2 weeks between Asia and Europe around 2030
January 31, 2017
- China’s One Belt One Road has proved to be a boon for trans-Eurasian rail transport, as these new rail lines would become its vanguard, establishing physical links between many of the key countries and a platform of cooperation from which to drive closer diplomatic and economic ties. What started out as two regular routes emerging from booming high-tech zones in Chongqing and Chengdu rapidly grew into a 39 route network linking together dozens of cities in China and Europe. Russia’s proposed high-speed cargo rail line would be packaged with the much-discussed Moscow-Kazan high-speed passenger train, that will extend for 770 kilometers between the two cities, allowing people to get back and forth in as little as three hours. Construction is set to begin on this line later this year, with $6.5 billion of loans and $1.6 billion of FDI coming from China, while a German consortium led by Siemens, Deutsche Bank, and Deutsche Bahn promising to invest over $2.8 billion into its construction. This new HSR line is tentatively expected to open around 2023.