China will strengthen cooperation in investments with Russia
China will enhance cooperation with Russia in investments. This was stated by the Vice Premier Ding Xuexiang according to Chinese state media reports at a meeting with the Russian deputy prime minister Denis Manturov.
Ding stated that he would prepare guidelines for deepening and practical development of Sino-Russian investment cooperation, reported Xinhua News Agency. These remarks were made during a meeting of the Chinese-Russian Committee for Investment Cooperation in Moscow.
China is one of Russia's closest allies, which has been internationally isolated since the Ukraine War. In the context of the Russian military campaign, the two countries have further strengthened their cooperation.
- Given China's commitment, their investment cooperation with Russia is expected to grow even closer, further solidifying their alliance.
- The guidelines prepared by Ding will hopefully lead to more substantial investments from China in Russia, fostering mutual economic benefits.
- With China and Russia's close alignment, it's not surprising that China has pledged to boost its investments as a show of continued support during Russia's challenges on the international stage.
