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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 ...
The Eight-Nation Alliance was a multinational military coalition that invaded northern China in 1900 during the Boxer Rebellion, with the stated aim of relieving the foreign legations in Beijing, which was being besieged by the popular Boxer militiamen, who were determined to remove foreign imperialism in China.
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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 ...
Russia and China showcased their deepening ties Wednesday in meetings others are watching for signs that Beijing might offer the Kremlin stronger support for its war in Ukraine. The visit by Wang ...
BRICS is an intergovernmental organization consisting of ten countries—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.
After the U.S. and its allies sanctioned Russia in 2022 for its invasion of Ukraine, Moscow turned away from the dollar and euro in international transactions and relied more on China’s yuan ...