Sunday, March 25, 2007

Chinese President Hu meets Putin in Russia

RF-China talks start this Monday. On their agenda: economic relations. "The official said in recent years the number of joint “pilot” investment projects in such areas as milling, wood chemistry, mining operations, automobile production and the banking sector continues to increase. He gave a high assessment to the traditional Russian-Chinese investment forums. “During the latest three forums, Russia and China signed 27 investment projects at the sum of over 3.3 billion U.S. dollars. By 2020 the level of Chinese investments in Russia is planning to be amounted to 12 billion U.S. dollars.”

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