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China Economy News: Russian Crisis Puts China at an Advantage

Jul 06, 2015 10:15 AM EDT

Russia’s failing economic structure is giving China the advantage of expanding their economic market in the embattled region.

Russia Seeks Trade Alliance with China to Boost Its Economy Weakened by Western Sanctions

Benjie Batanes |

May 19, 2015 02:15 AM EDT

Russia and China are strengthening their trade relationships that will reduce the involvement of the United States.

Russian Minister Claims Ruble Crisis Is Over, But Inflation Rise Still Looms Ahead

Vittorio Hernandez |

Dec 26, 2014 01:40 AM EST

Russian Finance Minister Anton Silaunov told the country's Upper House of Parliament on Thursday that the country's currency crisis is over. He claimed the rouble is strengthening, reports Daily Times.

Ruble Collase Should Prompt Putin To Exit, Political Opponent Says

Kat De Guzman |

Dec 18, 2014 12:40 AM EST

The well-known opponent of Russian President Vladimir Putin has already warned the current leader that his days ruling and having power over the country is already narrowing down to days as Russia still awaits for the response of their leader over the decreasing value of the ruble.

Ruble Woes Rattle Russian Markets, Buyers

Raymond Legaspi |

Dec 17, 2014 11:35 PM EST

Russian President Vladimir Putin faces a major new challenge after a catastrophic fall in the value of the ruble, which hit a new low Tuesday despite the Central Bank's desperate efforts to halt the selling. On the streets of Moscow, panicky consumers rushed out to buy home appliances before they became even more expensive.

Chinese Newspaper Blasts Washington's “Badmouthing” in Moscow-Beijing Ties

Rubi Valdez |

Oct 16, 2014 06:05 AM EDT

Several Chinese newspapers criticize United State's apparent "badmouthing" to strengthened ties between Russia and China. According to the newspapers, Washington casts unjustifiable doubts on the growing partnership because it fears that both are plotting plans to overtake world power.

China Takes Advantage Of Russia's Limited Economic Options

Rubi Valdez |

Oct 15, 2014 12:03 PM EDT

As Russia continues to struggle with limiting favors from United States and Europe, China immediately comes to rescue with billions worth of investments to boost energy and transportation among other sectors. But critics said that the Chinese empire is taking advantage of weakening Russian economy to advance its political power in the international arena.

Russia's Putin Signs Business Deals With China's PM

Kat De Guzman |

Oct 14, 2014 12:30 AM EDT

Russia and China's meeting was moved earlier on Monday and according to reports, the two countries signed over 40 agreements with regard to energy, finance and technology as the Kremlin's economic status continue to be worsened by isolation from the West.

Russia Faces Years of Stagnation -- Kurdin

Staff Reporter |

Sep 23, 2014 04:01 AM EDT

Former Russian finance minister Alexei Kudrin said in a statement Monday that Russia is facing years of stagnation because of the Ukraine crisis and Russia's avoidance to create a new economic model.