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US defense spending still accounts for nearly 40 per cent of the global total.
China's fiscal and monetary policies in 2015 amid slowing growth will be discussed by the country’s lawmakers this week.
Heilongjiang accounts for about a quarter of China’s total trade with Russia.
China’s official manufacturing purchasing managers index remained in negative territory.
China Central Bank on Saturday announced a rate cut in interest rates effective March 1. The People’s Bank of China (PBOC) has cut 1-year lending, deposit rates by 25 basis
Russia foreign policy advocates collective efforts in solving global crises, says Sergei Lavrov.
The West must take the real security concerns of Russia into consideration, said China's envoy to Belgium.
Trade between the two countries has increased 35 times, from $6.37 billion in 1992 to $230 billion in 2013.
China's economy grew 7.4 per cent in 2014, still among the fastest in the world.
Any unilateral moves that bypass the Security Council is illegal and illegitimate, says the Chinese Foreign Minister.
