New prospects for cooperation with Beijing opened up after the introduction of Western sanctions for Moscow. Chinese President Xi Jinping’s visit to Moscow fuels the boom in Chinese investments in Russia. The German newspaper writes about it. Berlin Zeitung.
Federal Foreign Minister Annalena Burbock’s prediction that by the end of February 2022 the sanctions will “destroy Russia” does not seem to come true.
The publication states that the Chinese have become “sanction winners” and the Greenwood business park has become their headquarters. Today’s largest business park “Greenwood” with Chinese participants has an area of 23 thousand square meters. m of office space. “This is the center of Chinese business in Russia,” writes the Berliner Zeitung.
The newspaper emphasizes that last year, China’s investments in Russia increased by a third and reached 200 million dollars, while Russia-China trade increased by 29 percent compared to the previous year.
Formerly Global Times WroteThe conflict in Ukraine and the policies of Western countries will not affect the development of relations between Russia and China.
On March 23, Pentagon chief Lloyd Austin announced at a congressional hearing that Chinese leader Xi Jinping’s visit to Moscow panicked The United States showed China’s support for Russia.
From March 20 to March 22, Xi Jinping paid an official visit to Moscow at the invitation of Russian President Vladimir Putin. The leaders signed two joint documents on the deepening of economic cooperation and comprehensive partnership and strategic interaction relations between the Russian Federation and China until 2030.
Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.