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A total of 14 vessels, two submarines, nine fixed-wing aircraft, helicopters and special forces from both countries will take part in the exercise, a Chinese navy spokesman said.
Sino-Russian energy ties are expected to get a massive boost, in the wake of Moscow’s current standoff with the EU, its traditional energy partner, over the Ukraine crisis.
The Chinese Foreign Minister has asked the US to “speak and act cautiously” on the South China Sea disputes.
Studies from several countries have shown that fuel subsidies are regressive and ineffective in terms of protecting the poorest.
A landmark Russian deal to supply China with 38 billion cubic meters of gas per annum for 30 years will also be signed during Putin’s trip.
Vietnam has dispatched dozens of vessels to the disputed region after a Chinese oil rig moved into the area.
Gross domestic product (GDP) grew 7.4 per cent year-on-year in the first three months of 2014.
More than 600,000 visitors are expected to arrive for the World Cup in Brazil, with games being played in 12 cities.
Russian energy giant Gazprom is currently negotiating a long-term agreement with China to supply it with an annual 38 billion cubic meters of natural gas.
Results are expected for all the 543 seats of the lower house of the Indian parliament on 16 May.