Views: 2927|Replies: 3

President's Russian visit to yield $4.3b deals [Copy link] 中文

Rank: 9Rank: 9Rank: 9

Post time 2007-3-22 10:50:04 |Display all floors
Chinese and Russian companies are expected to sign contracts worth over $4.3 billion during President Hu Jintao's state visit to Russia next week, a senior Chinese official said yesterday in Beijing.

Hu's trip, from March 26 to 28, aims to strengthen political trust and push forward the economic and trade partnership, according to Assistant Foreign Minister Li Hui.

Use magic tools Report

Rank: 9Rank: 9Rank: 9

Post time 2007-3-22 10:50:35 |Display all floors

photo

Russian President Vladimir Putin shakes hands with Chinese President Hu Jintao during a bilateral meeting at the sideline of the G8 summit in St. Petersburg July 17, 2006. [Reuters]
xin_0503042017081861336613.jpg

Use magic tools Report

Rank: 8Rank: 8

Post time 2007-3-23 11:28:33 |Display all floors

China and Chinese people should realized this simple fact....

....CHINA is a world power.


and a peaceful, responsible China is VERY IMPORTANT to ensure our world would be safe, happy, prosperous.


Green DRagon
Game Master

Use magic tools Report

Rank: 4

Post time 2007-4-4 14:53:00 |Display all floors

Its all in the details

The numbers may look impressive.  Under careful coloration and presentation by state run media, a picture emerges of seamless unshakable frienship that can weather all.

Yet the top energy man in China  Zhang Guobao have some rather disparaging remarks about the Russians even before the state trip of his president.

http://www.interfax.cn/displayarticle.asp?aid=10741&slug=NDRC

Currently, the Sino-Russia pipeline question is one step forward, two steps back. Today is cloudy with a chance for sun while tomorrow is sunny with a chance for clouds just like a weather forecast. One moment Russia is saying they have made a decision, the next saying that no decision has been made.

To date, there has been no correct information. This is regrettable.

There has also been a lot of contact regarding natural gas exports to China. Russia has expressed a great deal of interest in exporting natural gas. Once during a visit to China, Energy Minister (Viktor) Khristenko asked China to provide a report detailing China's natural gas demand conditions and requirements. He said Russia was developing their natural gas plan and wanted China to provide him with a demand forecast, which China provided within the time period he specified.

However, even though there have been a lot of promises expressing Russia's interest in exporting natural gas to China, in truth no real progress has been made....

.....

In my opinion, though both sides have had developments in energy cooperation and communication, in reality there have been few results. The one exception is in crude oil talks, where the two sides have agreed to purchase 7 mln tons of crude oil shipped by rail. For the other aspects, it is still only talk.


By all accounts,  this trip around, China haven't got the energy deal that it needs.

Russia is going ahead with its gas and oil pipeline to Japan.  Its relying on rail delivery for the Chinese market.

[ Last edited by diaboloist at 2007-4-4 02:58 PM ]

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.