CNPC receives discount of oil price from Russian companies

CNPC receives discount of oil price from Russian companies

Russia and China has settled the oil conflict which lasted more than a year. Both parties agreed on the changes in the contract. Now Russian companies Rosneft and Transneft will provide China National Petroleum Corporation (CNPC) a discount of 1.5 dollar per barrel, while the Chinese company has to fully repay the debt of 134 […]

Russian company Summa Group to buy a port in China

Russian company Summa Group to buy a port in China

The russian port logistics company Summa Group in conjunction with the port of Rotterdam are considering the purchase of an asset in China. Chairman of the Summa Group Ziyavudin Magomedov told reporters on the sidelines of the APEC Business Advisory Council in Hong Kong. “In China we are looking for an asset,” said Mr.Magomedov, without […]

Chinese VP stressed the importance of parliamentary cooperation between China and Ireland

Chinese VP stressed the importance of parliamentary cooperation between China and Ireland

Chinese Vice President Xi Jinping met Monday with leaders of the Irish Parliament in Dublin and stressed the importance of parliamentary cooperation for the promotion of bilateral relations. Xi met the same day with Sean Barrett, President of Dail Eireann (lower house of parliament), and Paddy Burke, Chairman of Seanad √Čireann (Upper House) of Ireland. […]

Switzerland has come close to China with direct link between Zurich and Beijing

Switzerland has come close to China with direct link between Zurich and Beijing

The Swiss Transport Minister Doris Leuthard took the inaugural flight Swiss Zurich – Beijing to visit five ministers of China and intensify bilateral collaboration. Switzerland has come close to Beijing in early February, and the Sino-Helvetic relations are looking good. Doris Leuthard has arrived with the first flight of the new Swiss direct link between […]

China reiterated its support for the EU and euro

China reiterated its support for the EU and euro

China on Wednesday reiterated its support for EU and the euro. The Chinese government has made no commitment, but said it would continue to buy European sovereign debt. “We have confidence in the development of Europe and we have confidence in the euro,” said the governor of China’s central bank, Zhou Xiaochuan. “China will continue […]

China, EU underline urgency of economic, trade cooperation

China, EU underline urgency of economic, trade cooperation

Leaders of China and the European Union (EU) on Tuesday underscored the importance of beefing up economic and trade cooperation in the context of the stagnant world economy. The call came from the 14th China-EU summit in Beijing, which was attended by Chinese Premier Wen Jiabao, European Council President Herman Van Rompuy and European Commission […]

The 14th China-EU summit held in Beijing

The 14th China-EU summit held in Beijing

China and the European Union held the 14th summit in Beijing on Tuesday, February 14th. Initially scheduled for October but postponed because of the sovereign debt crisis, the summit brings together the president of the European Union Herman Van Rompuy, the European Commission Jose Manuel Barroso and Chinese Premier Wen Jiabao. The two European leaders […]

Red carpet in Paris for the rich Chinese customers

Red carpet in Paris for the rich Chinese customers

Last year, nearly 900,000 Chinese tourists visited Paris, during the tour, they spend at least two hours in shopping. It’s difficult to make their way out of the subway station Havre-Caumartin. The sidewalk pours its flood of tourists clad in bags with the logos of major brands. This is Boulevard Haussmann in the sales period, […]

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