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In 2006, Russia denied CNPC a significant stake in OAO Rosneft. When the Russian company went public, CNPC was allowed to purchase $500 million worth of shares, one-sixth of the $3 billion it had sought. The financial crisis triggered in 2008 gave China its opportunity to invest in Russia on a grander scale through a loans for oil program. [144]
[32] [33] [34] After China donated millions of masks, China sold masks to Italy. These were not donations but rather paid products and services. [35] [36] On March 24, 2020, Italian Foreign Minister Luigi Di Maio stated in an interview that after the outbreak in Italy, China was the first to provide Italy with medical supplies and dispatch ...
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The most important task for Russia and China is to counter any attempt by the United States to contain their countries, an ally of Russian President Vladimir Putin told the Chinese foreign ...
In the Middle Ages, the Italian maritime republics of Pisa and Genoa ruled the towns of Portus Pisanus and Tana on the coast of the Sea of Azov in present-day Russia. [7] [8]In 1686–1699, the Republic of Venice and Tsardom of Russia were allies as part of the Holy League in the Great Turkish War against the Ottoman Empire.
Italy became the first G7 country to sign on to the initiative in 2019, when the anti-establishment 5-Star Movement was in power. Meloni at the time voiced strong opposition and her right-wing ...
China had long been a close ally of North Korea but also found a valuable trading partner in South Korea and eventually took a role in the early 2000s as a proponent of "six-party talks" (North Korea, South Korea, Russia, Japan, the U.S., and China) to resolve tensions on the Korean Peninsula. China was instrumental at brokering talks with ...
G7 finance chiefs meeting in Italy this week will attempt to find common ground on pulling forward earnings on frozen Russian assets to boost funding for Ukraine's war effort and pushing back on ...