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

Cambodia Seeks Official UN Maps for Vietnam Border

Notice of request comes as 2 countries open border talks Tuesday after a clash last month More

From South Africa to Vietnam, Cyclists Deliver Message Against Rhino Horns

Appalled by poaching they saw firsthand, sisters embark on tour to raise awareness in countries where rhino horn products are in demand More

Uber Wants Johannesburg Police Protection

Request follows recent protests outside ride-hailing service's Johannesburg office More

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