China-Russia

China 03/09/22, 01:48

Secretary of State Antony Blinken had a phone call with Chinese Foreign Minister Wang Yi about "Moscow's premeditated, unprovoked, and unjustified war against Ukraine" on Saturday, March 5. Ned Price, the State Department spokesman, said, "The Secretary noted the world is watching to see which nations stand up for the basic ...

Insights 03/05/22, 22:32

The United Nations General Assembly on Wednesday, March 2, adopted the resolution demanding Russia to immediately cease its "aggression" by a vote of 141 to 5 at an extraordinary session. Belarus, a critical launching location for Russia's attack, was the sole country to vote no to the resolution. The vote result ...

Insights 03/05/22, 19:13

According to Australian and New Zealand Banking Group (ANZ) estimates, Russia's central bank and sovereign wealth fund may have $140-billion worth of Chinese bonds. Given global sanctions, Russia may seek to obtain Chinese bond assets to get out of trouble. In a report on Wednesday, analyst Raymond Yeung at ANZ pointed ...

Insights 03/04/22, 11:52

Did Putin play Xi Jinping's game? Twenty days before Russia swung its troops into Ukraine, Russian President Vladimir Putin and Chinese President Xi Jinping signed a Joint Declaration on "unlimited cooperation" between both sides in Beijing on Feb. 4, ahead of the Olympics. Jerome Alan Cohen, a retired law professor at New ...

Economy 03/03/22, 21:40

Chinese coal importers are holding back purchasing from Russia upon the mounting sanctions being imposed on Moscow. The buyers struggle to secure loans from state banks and trades have been suspended for the time being. Along with oil, coal prices have shot up this week after the Russian invasion. Newcastle coal ...

Insights 03/03/22, 21:09

On February 28th, Russia's energy giant Gazprom signed a contract to build a massive gas pipeline between both nations, the Soyuz Vostok project. The deal came amid the backdrop of noxious sanctions from international governments against Russia for invading Ukraine. According to Bloomberg, the new project could facilitate up to 50 billion ...

Economy 03/02/22, 18:10

Sanctions from Europe and the U.S. have moved to the Russian Central Bank, controlling 630 billion dollars of foreign exchange reserves. On the last day of February, the U.S. has increased its strict prohibition on transactions with the Russian central bank, intending to collapse the Russian economy and finance completely. ...

Economy 03/01/22, 20:04

Russia launched a war on Ukraine on Thursday, Feb. 24, by sea, land and air, triggering comprehensive sanctions from European and American countries. China announced that China-Russia trade would be as usual on the same day, raising concerns that China helped Russia evade sanctions. However, experts say that Russia requires ...