Follow us on: |
China, Japan and South Korea are key north-east Asian countries.
The Asian-African Summit is underway in Indonesia from April 22-24.
The agreement comes ahead of Chinese President Xi Jinping’s visit to Russia on 8 May.
China plans to invest 2.64 billion yuan in the project through the RCIF [Russia-China Investment Fund].
China's Central Bank decided to cut the amount of cash banks must hold as reserves by one per cent from April 20.
Moscow, Beijing to step up bilateral “pragmatic, comprehensive military cooperation”.
Chinese investment into foreign countries surged 29.6% to $25.79 billion in the first quarter.
China and SouthAfrican Foreign Ministers discussed preparations for the establishment of the BRICS Bank.
China promised to “streamline administration and mandate more powers to lower-level governments" to vitalize markets.