Economy

Russia and China Ink $400 Billion Energy Deali
X
Mil Arcega
May 22, 2014 12:12 AM
China and Russia announced a major energy deal Wednesday to supply Biejing, the world’s second largest economy, with a steady supply of natural gas for 30 years. Analysts say the $400 billion agreement comes at an opportune moment for Russian president Vladimir Putin. But as Mil Arcega reports, it also carries risks.

Russia and China Ink $400 Billion Energy Deal

Published May 21, 2014

China and Russia announced a major energy deal Wednesday to supply Biejing, the world’s second largest economy, with a steady supply of natural gas for 30 years. Analysts say the $400 billion agreement comes at an opportune moment for Russian president Vladimir Putin. But as Mil Arcega reports, it also carries risks.


You May Like

Afghan Government: Taliban Leader Mullah Omar Died in 2013

President Ashraf Ghani's office confirms Omar died in 2013, although Taliban sources continue to deny reclusive leader has been dead for more than two years More

Erdogan in China Amid Tensions on Uighurs, Missile System

Turkey's president has criticized China's heavy-handed policies toward Uighurs in violence-plagued Xinjiang region, where China says it is fighting foreign-backed separatists More

Critics: China’s President Using Law to Tighten Grip on Power

President Xi, who has stressed importance of 'rule of law' and law-based governance, has exerted increasingly tighter grip over society since coming to office More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one