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Russia, China Sign Raft Of Deals And Will Integrate The Eurasian Economic Union, New Silk Road
Russian President Vladimir Putin and Chinese President Xi Jinping on Friday signed a decree for cooperation in tying the development of the Eurasian Economic Union (EEU) with the New Silk Road economic project. Russia and China also signed a number of energy, trade, and finance deals on Friday, which are aimed at strengthening economic ties between the two nations. … Continue reading
Strategic Moves: Russia, China, And Iran Are In Sync
By Pepe Escobar Over past decades, the pre-fabricated myth of an elusive “Iranian bomb” was never the real issue between the US and Iran; the issue was how to subdue – or “isolate” – a powerful, independent nation that refused to toe the exceptionalist line. Now that the “rehabilitation” of Iran – at least for some … Continue reading
China To Build $2 Billion Natural Gas Pipeline From Iran To Pakistan, WSJ Says
China will build a natural gas pipeline from Iran to Pakistan to help address Pakistan’s severe energy shortage, The Wall Street Journal (WSJ) reported on Thursday. The natural gas pipeline, dubbed the “Peace Pipeline”, will provide much needed natural gas from Iran, home to the world’s second largest reserves, to energy-deprived Pakistan. “We’re building it. The process has … Continue reading
PetroChina Surpasses Exxon To Become World’s Largest Energy Firm
China’s largest oil producer PetroChina has surpassed Exxon Mobil on Thursday to become the biggest energy company by market value for the first time since 2010, Bloomberg reports. As the Bloomberg chart below shows, Exxon’s capitalization was $352.6 billion through Wednesday, versus PetroChina’s $352.8 billion as of 1:36 p.m. on Thursday in Shanghai. PetroChina’s A shares have surged about 61 … Continue reading
China’s March Westward And The ISIS Challenge
By Aurangzeb Qureshi In recent years, China is slowly returning to its former glory as the “Middle Kingdom” as it was once was during the 6th century. Unlike the isolationist China of the past, President Xi Jinping’s China is a resurgent dragon looking to connect with the rest of the world. In other words, China is … Continue reading
China And Russia To Boost Bilateral Economic Cooperation In Energy, Transport, Far East Development
Russia and China will boost bilateral economic cooperation in the fields of energy, transportation, and development of the Far East, China’s Foreign Minister Wang Yi said on Sunday, TASS news agency reports. The two nations are aiming to increase bilateral trade to $100 billion in 2015, in addition to signing agreements on the Silk Road … Continue reading
Putin And Xi Sign Massive Gas Deal On Second Gas Supply Route: China The Biggest Consumer Of Russian Gas
Last Friday we mentioned that Russia and China had agreed on many aspects of a second gas pipeline leading to China, the so-called “western route” [Second Massive Gas Deal Between Russia And China Approching: Putin (APEC)]. Today, Russian president Vladimir Putin and Chinese leader Xi Jinping have signed a memorandum of understanding on the gas supplies “western route” … Continue reading
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