Nornickel’s multi-billion dollar project to build a copper plant in China, which the company’s CEO Vladimir Potanin announced in 2024, is on the verge of collapse. The Chinese partner decided to withdraw from the project, which planned to build a facility with a capacity of 500,000 tons of copper per year in the Fangchenggang port…
China has completely stopped importing electricity from Russia since the beginning of 2026 and is not purchasing even the minimum volume stipulated in the contract — about 12 MW, sources familiar with the situation told “Kommersant”. According to them, electricity exports to the country are unlikely to resume this year, as the export price of…
Trade turnover between Azerbaijan and China increased by 56% YoY in the nine months of 2016, Azerbaijani Economy Minister Shahin Mustafayev said. He made the remarks during a meeting with Chinese businessmen in Baku. Azerbaijan is interested in further development of relations with China, the minister noted. He added that there was a big potential…
China has proposed to establish Ukrainian-Chinese free trade area. Chinese Ambassador to Ukraine Du Wei said this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “The Chinese side has proposed to create the Russian-Chinese free trade zone. We hope to intensify a research on this issue with the Ukrainian side”,…
China’s Silk Road Economic Belt concept has been adapting to Russia’s Eurasian integration program, Russia’s ambassador to China Andrei Denisov said. “There has been significant progress in determining the mechanism of interaction between the Eurasian integration project and the Silk Road concept”, the ambassador said. “We have an opportunity to boost cooperation in all areas”,…
China hopes to expand cooperation with Russia in the program of constructing its own orbital station, Wu Ping, a representative of China’s Manned Space Agency, said. “When implementing a program of constructing a space station, we hope to engage in expanded cooperation and exchanges with Russia in choosing and training cosmonauts, carrying out scientific experiments,…
Belarus and China are considering opportunities for the implementation of joint projects in mechanical engineering. The prospects for the bilateral cooperation in this field were discussed during the recent meeting between Chairman of the State Science and Technology Committee of Belarus Alexander Shumilin and representatives of the Beijing Municipal Science and Technology Commission, the press…