Doombreed
Junior Member
The loans should be issued in RMB.
The Sino-Russian Strategic Partnership starts to get serious!
- Thread starter SampanViking
- Start date
The loans should be issued in RMB.
AssassinsMace
Lieutenant General
Think about the purpose and use and these loans.
When Russia and China trade with each other, they will undoubtedly use local currency (as indeed they will do with an increasing number of other countries as well.
Investment Capitol is not trade and the purpose of the money is to buy big heavy machines and lots of consumables and materials. China certainly has a lot of dollars in its reserves and the AIIB sounds like a very good way of spending them and turning them into fixed and working assets that will generate long term RMB trade.
If the money is largely spent buying things from US companies, we have a virtuous circle of dollar repatriation in a way that US business will love, the Government will hate, but hardly be able to complain about.
It sounds like an early fruit of the Joint Project Committee as Rogozin is the Russian Deputy PM that forms the Russian part of the team and its sounds as though his Chinese counterpart Wang Yang was also in town at the Harbin China Russia Expo.
It would be useful to read an equally enthusiastic article from the Chinese media.
......and here it is!
Last edited:
interesting thing to note is that Xi jingping is about to visit South korea and china wants seoul to take a major role in the AIIB but according to Taiwan news the United States is putting pressure on Korea because the ADB which is controlled by US and Japan will be weakened when there is competitor in town! let's see what president park geun-hye is going to do.
MagnumCromagnon
New Member
...Interesting enough this isn't the only major pipeline in the works for Russia, there's the Nord Stream pipeline, South Stream Pipeline which was in limbo but now has been signed by both Russia and Austria, there's the Blue Stream Pipeline to Turkey, there's a proposed pipeline to India, and now Japanese lawmakers are proposing a pipeline from Russia's Far East to Japan. So it's safe to say Russia has options.
Last edited:
No surprise I suppose that major world events have monopolised my attention and this thread has been left to languish a bit.
I have noted plenty of news, but have not kept the links.
The most interesting was about co-operation between Glonass and Beidou, with an agreement for each country to build three control stations on each others territory.
The other is about Russian enthusiasm for co-operation with China in development of Russia's railways
Hope to add more very shortly
I have noted plenty of news, but have not kept the links.
The most interesting was about co-operation between Glonass and Beidou, with an agreement for each country to build three control stations on each others territory.
The other is about Russian enthusiasm for co-operation with China in development of Russia's railways
Hope to add more very shortly
Speaking of railway developments. Here are some recent news on the railway and port developments in Siberia.
China and Russia to co-develop Zarubino Port and will provide port access to Sea of Japan for land-locked northeastern provinces of China.
First Railway bridge across Amur River has began constructions.
Broccoli
Senior Member
He's probably telling Russians that Chinese aren't going to abuse them when it comes gas deals, etc.