Is Russia’s economy holding up well against Ukraine-war induced sanctions? China is watching and keen to know how

Moscow said its economy rose by 5.5 per cent in the third quarter of 2023 year on year, and Russia is expected to see full-year growth of 3.5 per cent. The European Commission also upgraded its forecast to a rise of 2 per cent from the previous estimate of a contraction of 0.9 per cent. … Read more

Exclusive | China wielding ‘bargaining power’ with Russia over Power of Siberia 2 natural gas pipeline

To export at least 98 billion cubic metres per year of gas from Russia to China as promised by Russian President Vladimir Putin, figures from Spanish multinational financial services firm BBVA showed that the new pipeline is needed because the Power of Siberia 1 is limited to 67 billion cubic metres per year. It’s a … Read more