Chinese leaders are in Moscow forming a range of deals and collaborations with Russian companies.
Chinese Premier Li Keqiang personally attended meetings that saw signings more than 40 agreements across many sectors and industries.
The deals cover energy, finance and technology. They also extend credit lines from Chinese banks and arrange for currency swaps.
Some analysts say these cooperation agreements provide a lifeline to Russia amid sanctions from the West.
Russian and Chinese leaders had “in-depth and practical exchanges of views and deliberated on reports in a series of meetings,” said China’s Foreign Ministry spokesperson Hong Lei.
“Cooperation between China and Russia is based on …read more
Source: Voice of America
