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Russia’s biggest bank launches financing in Chinese yuan

Russia’s largest lender, will be the first bank in the country to start issuing credit guarantees denominated in Chinese yuan. The new yuan-based letters of…

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Europe still a key partner for Russia, but China a priority – Putin

October 6, 2014 , , 0 Comments

Trade with Russia’s largest partner Europe will continue, but cooperation with Asian countries, especially China, are a priority for the Kremlin. “This is our conscious…

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Chinese Builders Offer to Supply Russia With Affordable Housing

Chinese construction companies are ready to help Russia boost its stock of affordable housing if domestic builders cannot rise to the task, Deputy Housing Minister Alexander Plutnik said…

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China energy deals ‘launch pad’ for Russia’s gas diversification – Moody’s

September 2, 2014 , , 0 Comments

Moscow’s 15-month marathon of energy deals with China will boost the credit of Russian oil and gas companies and reduce Russia’s reliance on European energy…

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Russia joins China in building canal in Nicaragua

WASHINGTON – As Russia continues to take strategic initiatives that put the United States on the defensive, Russian President Vladimir Putin is teaming up with…

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Russia overtakes China to become world’s No. 6 in gold reserves

August 26, 2014 , , 0 Comments

Russia overtakes China to become world’s No. 6 in gold reserves Russia has become the sixth-largest country in the world in terms of its gold…

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New rating agency project gets off the ground as Russia chooses partners

Russia is to establish a rating agency together with China’s Dagong Global Credit Rating Co and the U.S. agency Egan-Jones Ratings, following an official announcement…

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Two thirds of Russian investors are ready to invest in BRICS markets

New research suggests that Russian investors are reorienting themselves to the markets of the BRICS countries (Brazil, Russia, India, China, South Africa). According to studies…

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