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Australia-China bilateral trade exceeded a whopping $150 billion in the last financial year.
Deals inked include agreement on delivery of Russian natural gas to China via the western route.
Russian and Chinese grievances against the US become more and more similar, writes Babich.
The US and EU sanctions are levying a heavy toll on Russia’s $425 billion-a-year petroleum industry.
Xi said the goal of the Fund is to "break the bottleneck in Asian connectivity by building a financing platform."
The US was trying to block China’s efforts at introducing the Asia Pacific FTA negotiations, says media reports.
China has blamed Japanese Premier Shinzo Abe's "hard-line behaviour" on territorial disputes for the chill.
The new figures helped push the unemployment rate down from 5.9 to 5.8 per cent.
Putin, had earlier this year, proposed aligning China’s Silk Route revival project with Russian plans for a trans-Siberian railway.
The five leaders will discuss developing agreements aimed at accelerating global economic growth.
