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This is the third round of rate cuts by the PBOC following one in November 2014 and another in March 2015.
BRICS leaders Chinese President Xi Jinping & his South African & Indian counterparts Jacob Zuma & Pranab Mukherjee joined Putin at the parade.
This was the first time Indian and Chinese soldiers participated in a Russian Victory Day parade.
Russia is looking at expanding Chinese banks’ possibilities for extending credit lines to Russian companies.
Russia’s Red Army lost 8.5 million troops in World War II – a figure comparable only with German losses.
It would not be the first time that the polls have underestimated support for the Conservatives.
Seventy years ago, Nazi Germany surrendered to the USSR and Allies, marking the end of WWII in Europe.
On May 9, Russia commemorates the sacrifice of the millions who fought and died to bring down the Third Reich.
The Indian Prime Minister also rejected the US charge of “increased assertiveness” of China in the region.
