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Beijing, Moscow to Sign Multibillion Dollar Railway Deal During Putin's State Visit to China

Jun 21, 2016 08:00 AM EDT

Russian President Vladimir Putin is set to visit China on Saturday, and one of the highlights expected during the trip will be a of a multibillion-dollar high-speed railway agreement by the two nations, China's foreign ministry announced on Monday.

China Responds Fiercely to Panama Papers Scandal

Iesha javed |

Apr 11, 2016 01:02 PM EDT

The latest media house to make a big deal out of the supposed involvement of Chinese leaders in the Panama Papers leak is Forbes Magazine. On Sunday, April 10, Forbes reported that China intends to suppress the revelations by stifling media and dubbing it as a western conspiracy.

Russia Ditches Super-Heavy Launch Rocket As It Cuts Space Funding

Vittorio Hernandez |

Apr 23, 2015 05:44 AM EDT

Belt-tightening measures would be felt in Russia's space program as the country cuts spending by more than a third over the next decade. That would mean cancelling its plan to come up with a super-heavy launch rocket as well as losing its space race with the United States.

Russia's Putin Signs Business Deals With China's PM

Kat De Guzman |

Oct 14, 2014 12:30 AM EDT

Russia and China's meeting was moved earlier on Monday and according to reports, the two countries signed over 40 agreements with regard to energy, finance and technology as the Kremlin's economic status continue to be worsened by isolation from the West.

Sanctions Violate WTO Rules, Vladimir Putin Says

Bianca Ortega |

Sep 19, 2014 12:18 AM EDT

The Western sanctions imposed on Moscow over its actions in Ukraine violated the rules of the World Trade Organization (WTO), Russian President Vladimir Putin said Thursday.