| Follow us on:
|
EU is China's largest trade partner, the largest source of import and the second largest export market.
The value of cross-border deals settled in the Chinese currency, yuan, more than doubled in 2014.
The growth rate was 8.9 percentage points lower than that of 2013, the National Bureau of Statistics said.
The Russian government has allocated 1.375 trillion rubles ($21 billion) for an anti-crisis package.
The Central Bank downgraded its growth forecast for 2015 to 0.13%.
At the session, Indian finance minister Arun Jaitley said India intended to return to an eight to nine percent growth rate.
The swiss city of Zurich joins list of global centres for trading the yuan.
The two nations will sign a financial deal on Wednesday in the presence of Chinese Premier Li Keqiang.
IMF has sharply cut its 2015-2016 world growth forecast owing to weak prospects in Japan, the Eurozone, China and Russia.
China, however, remains the largest foreign holder of US bonds, ahead of Japan.
