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Business leaders hail Russia's booming energy ties with China

2018-11-30 09:50:35       source:CNBC

November 29, 2018


As Russia's relationships with the West become increasingly fragile amid ongoing economic sanctions, Moscow continues to look towards China for economic opportunities — and energy is one space where that relationship is flourishing.


"The relations between the Russian Federation and People's Republic of China are on the rise," President Vladimir Putin said in a welcome message at a Russian-Chinese Energy Forum in Beijing on Thursday. "An important part of these relations is energy cooperation which has lately received significant development."


Putin and Chinese President Xi Jinping organized the first Russian-Chinese energy forum during their meeting in June 2018, a meeting where the leaders vowed to pursue economic initiatives and to oppose the trade protectionism promoted by Donald Trump.


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https://www.cnbc.com/2018/11/29/business-leaders-hail-russias-booming-energy-ties-with-china.html