China

Chinese to buy Hollywood film studio for $3.5bn
China’s Wanda Group announced on Tuesday it will buy Hollywood film studio Legendary Entertainment. The studio produced the Dark Knight Batman trilogy, ‘Inception’ and ‘Interstellar’, and has grossed more than $12 billion worldwide at the box office. [...]
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As the East Creates, the West Tries to Destroy | New Eastern Outlook
I’m feeling more and more in recent months that, as difficult as it may be to believe, our world is moving away from seemingly endless wars. Make no mistake, we haven’t seen the end of wars at all. The dynamic and the war energy is changing, however. Not without a frenzy of self-conceit does the so-called Western World throw forks, china, pots, pans, rolling pins–anything it can get its b [...]
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Welcome to New Reality: Russia and China Challenge US Naval Supremacy
Russia and China have achieved remarkable success in their efforts to develop advanced navies, which presents a challenge to America's naval supremacy at a time when the US Navy is trying to adapt to the changing security environment, US Chief of Naval Operations Admiral John Richardson said. [...]
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Will Iran, China, Russia Push US Dollar to the Brink of Extinction?
Iran is moving forward to get rid of the US dollar as a means of payment, independent researcher Timothy Alexander Guzman points out, adding that Washington has obviously shot itself in the foot by imposing sanctions on Moscow and Tehran. [...]
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Ahead of The Game: Russia’s Far East Wins Amid Tensions With West
Sputnik is a major new media brand with modern multimedia centers in dozens of countries. Sputnik is uniquely positioned as a provider of alternative news content and as a radio broadcaster. Offering a fuller picture of the world with a truly diverse range of views, Sputnik tells the untold. [...]
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Empire of Chaos preparing for more fireworks in 2016
In his seminal 'Fall of Rome: And the End of Civilization,' Bryan Ward-Perkins writes, "Romans before the fall were as certain as we are today that their world would continue forever... They were wrong. We would be wise not to repeat their complacency.” [...]
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China calls for Ukraine dialogue instead of sanctions against Russia
Beijing has said political dialogue is the only solution to the conflict in Ukraine, and not sanctions. On Monday, the European Union announced it was prolonging economic sanctions against Russia for another six months, for what it called Moscow’s noncompliance with the terms of a ceasefire agreed in Minsk, Belarus. [...]
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Gold-Backed Ruble, Yuan to Trigger Global De-Dollarization
A gold-backed ruble and gold-backed yuan could start a 'snowball exit' from dollar F. William Engdahl notes, adding that it will diminish America's ability to use the reserve dollar role to finance Washington's perpetual overseas wars. The irony of the situation is that the central banks of China, Russia, Brazil and other countries "diametrically opposed" to US foreign policy course are forced [...]
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Washington Left in the Dust: Russia Flies Strategic Space Warfare Missile
Moscow carried out the first successful flight test of its new anti-satellite missile last month, becoming just the second nation to arm its military with space warfare weapons. Russia's direct ascent anti-satellite missile, known as Nudol, was successfully tested on November 18, according to defense officials familiar with reports of the test. [...]
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China, Russia to launch joint news agency to boost Eurasian integration
Russian and Chinese authorities have agreed to set up a joint information agency that would work in both countries, as well as a major discussion club with the provisional name of the Amur Dialogue. “The proposal to create a joint news agency has been made at the Russian-Chinese forum that is currently taking place in Beijing.   [...]
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China buying Russian SU-35s ‘response’ to US moves in Asia
Russia is selling China high performance aircraft as an answer to America’s actions around Asia, Conn Hallinan from Foreign Policy in Focus, told RT. Beijing has signed a deal with Moscow for Sukhoi fighter jets. China will buy 24 cutting-edge SU-35s. China is the first foreign sale of the multipurpose aircraft. [...]
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China approves usage of ruble instead of US dollar for border city
China's central bank has put the Russian ruble into circulation in Suifenhe City, Heilongjiang Province, launching a pilot two-currency (ruble and yuan) program. The ruble is being introduced in the place of US dollar. The announcement was made on Saturday by Jin Mei, deputy secretary for monetary policy at the opening ceremony of a trade exposition in Suifenhe, reported state-run Xinhua news a [...]
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China reveals nearly 60% gold reserves’ growth in 6yrs, gets into 5 top holders
China’s gold holdings grew by 604 tons to 1,658 tons since 2009, according to the data from People’s Bank of China revealed on Friday. The country thus overtook Russia to become the fifth largest holder of gold in the world. The information has been disclosed after a six-year delay. China’s central bank has reported changes to its gold reserve levels only four times over the last 15 years [...]
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Russia overtakes Saudi Arabia to become biggest crude exporter to China
In May China imported a record 3.92 million metric tons of crude oil from Russia, which is equivalent to 927,000 barrels per day. Russia has become Beijing's top crude supplier for the first time since October 2005. “Russia is using its good relationship with China to increase supplies and has now taken the top spot,” Gao Jian, an analyst at Shandong-based energy consultant SCI Internationa [...]
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Russia’s largest bank issues first credit guarantees in yuan
Sberbank has issued its first yuan-denominated letters of credit that involve funding from the Export-Import Bank of China to Russia’s largest pharmaceutical company. Pharmasyntez, Russia’s leading drug manufacturer, appealed to Sberbank with a request for funding credit guarantees in Chinese national currency as part of contracts for the supply of imported pharmaceutical products worth ove [...]
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The Fuller Picture – Iran, Russia and TPP: Obama tries to pivot to Asia
This week US relations with Saudi Arabia cool down, while heating up with Russia and Iran. Is the US considering a sweeping change to foreign policy? Saudi King Salman chose not to attend a joint US-Gulf State meeting this week set to deal with the possibility of giving Gulf States a missile defense system to ward off a nuclear-powered Iran. [...]
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‘Nuclear war our likely future’: Russia & China won’t accept US hegemony, Reagan official warns
The White House is determined to block the rise of the key nuclear-armed nations, Russia and China, neither of whom will join the "world's acceptance of Washington's hegemony," says head of the Institute for Political Economy, Paul Craig Roberts. The former US assistant secretary of the Treasury for economic policy, Dr Paul Craig Roberts, has written on his blog that Beijing is currently "confr [...]
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China allocates $96mn for Sino-Russian Amur Rail Bridge
The Heilongjiang branch of the Export-Import Bank of China has allocated over $96.5 million to construct the Chinese section of the Sino-Russian railway bridge. The first railway bridge over the Amur River should cut transportation times and boost trade. “The Exim Bank has conducted an inspection of the construction site, determined the demand for financing and issued a loan of 400 million yu [...]
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Moscow, Beijing will seek reconstruction of current world order together – deputy DM
Military cooperation between Russia and China will be aimed against mono-polar world and double standards, the Russian deputy defense minister told reporters after talks with a Chinese official. “Our Chinese colleagues have emphasized that we have similar positions on the problem of challenges and threats. [...]
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“Ditch Cold War mentality”: China hits back at US DoD report
Beijing has voiced "strong opposition" to a US Department of Defense (DoD) report which accused China's military of being a threat and lacking transparency. It also urged the US to abandon its Cold War mentality and stop jeopardizing bilateral relations. The USreport, published on Friday, criticized the actions of China's military in the disputed South China Sea – particularly the rapid const [...]
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Chinese warships to join Russian Navy in Black Sea, Mediterranean for historic drill
Two Chinese missile frigates will enter the Russian Black Sea naval base of Novorossiysk for the first time in history. They will then conduct joint exercises with Russia in the Mediterranean. The Linyi and the Weifang will enter the port of Novorossiysk on May 8 to take part in Victory Day celebrations, according to the Russian Defense Ministry. [...]
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Russia, China agree to integrate Eurasian Union, Silk Road, sign deals
Russia and China have signed a number of energy, trade and finance deals on Friday aimed at strengthening economic ties. The two countries have multiple mutual projects which "achieved a unity of views on a wide range of issues." Russian President Vladimir Putin and Chinese leader Xi Jinping have signed a decree on cooperation in tying the development of the Eurasian Economic Union with the "Si [...]
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