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By Rhod Mackenzie

The European Union's new package of anti-Russian sanctions will not cause significant damage to the Russian economy. Georgy Ostapkovich, the director of the Centre for Market Research at the Higher School of Economics, told Izvestiya on 18 December.

Earlier that day, the EU app...

By Rhod Mackenzie

China aims to broaden its collaboration with Russia in the energy sector throughout all stages of production. According to Zhang Hanhui, the Chinese Ambassador to Russia, in an interview with RIA Novosti on Tuesday, December 19, China anticipates expanding cooperation along the e...

By Rhod Mackenzie

During a meeting with his Chinese counterpart, Lan Foan, on Monday, the Finance Minister Anton Siluanov announced that Russia is redirecting the majority of its exports from the EU to Asian countries.

This move is in response to Western sanctions, and Moscow is now focusing on...

By Rhod Mackenzie

The Russian Finance Minister Anton Siluanov emphasized the importance of sustainable financial relations and settlements within the BRICS organization for all member states during the Russia-China Financial Dialogue forum in Beijing on Monday.

Siluanov met with his Chinese coun...

By Rhod Mackenzie

On Thursday, theUS Treasury Secretary Janet Yellen announced that the US-China economic and financial working groups will continue to hold regular meetings. Yellen also stated that she plans to visit China for the second time as Treasury Secretary.

During the US-China Business...

By Rhod Mackenzie

The Chinese leader Xi Jinping recently visited Vietnam and met with the leaders of Hanoi's ruling Communist Party. Xi praised the strong ties between the two countries and pledged to strengthen them further. The visit resulted in the signing of several business agreements.

Alth...