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China lauds Putin’s comments on partner relations with Russia | Source: TASS

Beijing gave high marks to Russian President Vladimir Putin’s comments on Chinese-Russian relations and will constantly bolster the strategic partnership with Russia, Chinese Foreign Ministry Spokesman Zhao Lijian said. Putin said that certain Western countries aspired to drive a wedge between Russia and China who in response would continue to expand cooperation and coordinate their actions on the international arena.

Source: TASS


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China urges cooperation on global infrastructure initiatives | Source: Anadolu Agency

China urged cooperation on global infrastructure initiatives as the US moved to announce its global mega-infrastructure program, Build Back Better World (BBBW), to compete with the BRI. China’s Foreign Ministry spokesman Wang Wenbin urged different countries to work to build “rather than tear down bridges, promote connectivity rather than decoupling, seek mutual benefits and win-win results rather than isolation and exclusiveness.”

Source: Anadolu Agency


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China triples coal purchases from Russia after banning Australian imports | Source: RT

China has dramatically ramped up coal imports from Russia to compensate for shortages caused by the ongoing trade row with Australia, once the country’s biggest coal supplier. China halted purchases of coal from Australia in late 2020, after Canberra backed a US call for an international probe into Beijing’s alleged role in the Covid-19 outbreak.

Source: RT


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China, Russia sign road transport deal in boost for bilateral energy trade | Source: Global Times

China has signed an agreement with Russia on road transportation of dangerous goods, which will effectively boost bilateral trade in energy products, including liquefied petroleum gas and natural gas. At a time when many parts of the world face energy shortages, the agreement shows that China and Russian have strengthened bilateral cooperation on energy security, analysts said.

Source: Global Times


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China looks to Russian coal to help ease its power shortage crisis | Source: SCMP

China’s attempts to address its power shortage have received a boost through efforts to increase imports of coal and electricity from Russia. “The shortages in power supplies in China should reinforce the energy alliance between Moscow and Beijing, if only because Russia is the nearest external source of coal, gas and oil for China. As one consequence, Beijing may give the final go-ahead to the Power of Siberia 2 gas pipeline project, which would bring Russian gas from western Siberia into China via Mongolia.”

Source: SCMP


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China eager to cooperate with Russia on digitalization projects | Source: TASS

The Chinese authorities are interested in deepening the economic cooperation with Russia in new promising areas, including the implementation of projects in the sector of digital technologies. The aspects of the cooperation between two countries relate to various spheres such as 5G mobile technologies, big data and artificial intelligence, environmentally sound energy sources, energy-saving technologies, etc.

Source: TASS


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China strongly opposes unilateral US sanctions on Russia | Source: TASS

The Chinese authorities strongly oppose the unilateral sanctions that the United States imposes on Russia. Last week, the US House of Representatives passed a defense policy bill that suggests the Biden administration consider the possibility of sanctioning 35 Russian nationals, including members of the government. Another initiative bans Americans from purchasing Russia’s newly issued government bonds.

Source: TASS


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First China-Russia highway bridge ready for operation | Source: Global Times

Workers work at the construction site of the first highway bridge connecting China and Russia across the Heilongjiang River, on August 19, 2019.

The Blagoveshchensk-Heihe highway bridge, the first highway bridge connecting China and Russia across the Heilongjiang River, is ready to open to traffic, marking the completion of another key cross-border infrastructure project that could pave the way for a closer economic bond between the two countries. China and Russia are also actively exploring cooperation in the fields of oil and gas chemicals, mineral resources, as well as green, low-carbon, and hydrogen energy.

Source: Global Times


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Russia, China and Turkey to account for more than half of global working gas capacity additions by 2025 | Source: Global Data

Russia, China, and Turkey are expected to lead global working gas capacity additions, collectively contributing 54% of the total working gas capacity additions from planned and announced projects between 2021 and 2025, says GlobalData, a leading data and analytics company. GlobalData identifies China as the second highest contributor to global working gas capacity additions, with planned capacity additions of 473 bcf by 2025.

Source: Global Data


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Russia’s Gazprom Neft signals shift away from US dollar payments in China | Source: South China Morning Post

Gazprom Neft is the third-biggest oil producer in Russia and operates at 34 airports in China.

Gazprom, third-biggest oil producer in Russia that operates at 34 airports in China , has started settling some aviation fuel payments in the yuan in China as Moscow and Beijing look to cut reliance on the US dollar and increase cooperation in the energy sector. The US dollar’s share of trade between Russia and China fell below half for the first time on record in the first quarter of 2020, and again in the fourth quarter last year, with more than three-quarters of the transactions between the two countries now conducted in the euro, according to Russia’s central bank.

Source: South China Morning Post


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