Contents tagged with China

  • Chinese Ambassador in Kyiv: China is ready to establish a visa-free regime for Ukrainians

    China is ready to establish a visa-free regime with Ukraine, as stated by Chinese Ambassador Du Wei.

    "The Chinese government is constantly working to provide comfortable conditions for Ukrainian guests who travel to China. I want to clearly express our position: China is ready at any time, on the principle of equality and mutual benefit, to take new measures to facilitate the travel of people between our countries, including the implementation of a visa-free policy," Du Wei said at a press …

  • Media: China and Russia sent reconnaissance ships to track movement of US aircraft carrier near the Korean peninsula

    China and Russia sent reconnaissance vessels to track the movement of the U.S. nuclear-powered aircraft carrier, Carl Vinson, which is moving toward the Korean peninsula.

    According to the Associated Press, citing sources in the Japanese government, Moscow and Beijing want to observe American maneuvers given Washington's readiness for military action against the Democratic People's Republic of Korea (DPRK), Deutsche Welle reports.

    One of the purposes of sending reconnaissance ships may be to …

  • Media: Ukraine could miss out on $3.65 billion loan from China due to squabbles between officials

    Ukraine may lose 3.65 billion USD, which the China Development Bank would allocate for the development of the energy sector, as reported by Reuters, referring to interviews with officials.

    The reason for the loss of Chinese funds, the agency argues, is the squabbles between the ministries and the state company Naftogaz of Ukraine, as well as the expiring term for the provision of a specific program for such financing.

    In June this year, Ukraine must submit proposals for investment projects in …

  • Media: Chinese companies are actively investing in the Crimea

    Chinese companies (including state-owned enterprises) are secretly entering the annexed Crimea as investors, providing services for the Crimean authorities and supplying the peninsula with the latest industrial equipment, according to an article written by Valentina Samar for ZN.UA.

    According to Samar, the Kherson office of the Security Service of Ukraine has not yet completed the pre-trial investigation into the participation of the Chinese vessel JIAN JI 3001 in the construction of the so- …

  • Russia supplies first S-400 missile systems to China

    Interfax news agency reported, citing First Deputy Chairman of the State Duma Committee on Economic Policy Vladimir Gutenyov that Russia has begun delivery of the S-400 Triumf missile defense system to China

    “India is now asking about the S-400. We have put the first divisions in China,” he said.

    According to Gutenyov, India and Turkey are “waiting in line” for the S-400.

    China signed a contract to purchase the S-400 system in April 2015.

    The S-400 missile system is comprised of three parts: …

  • Media: China has deployed missiles near the border with Russia

    China has deployed the newest Dongfeng-41 (DF-41) intercontinental ballistic missiles in the northeastern Heilongjiang Province on the Russian frontier, as reported by Apple Daily citing photos of the missile system published on the Chinese Internet.

    It is noted that the Chinese Army will station a total of three brigades with the DF-41 missiles. One of the brigades is already in Xinyang city in the central Hunan province.

    The second brigade was supposedly placed in the city of Daqing in …

  • Russia and China blocked UN Security Council resolution on the ceasefire in Aleppo

    The UN Security Council, on Monday, December 5th, failed to adopt the resolution calling for a ceasefire in Aleppo, a city that is besieged by Syrian Army forces. The document was vetoed by China and Russia. According to Moscow, the West is using humanitarian issues as a pretext for promoting a political plan that will lead to a change of government in Damascus, Deutsche Welle reported.

    The text of the resolution was proposed by Egypt, Spain, and New Zealand. They put forward the requirements …

  • Chinese commodity exchange acquires Ukrainian Bank for Reconstruction and Development

    The Ukrainian Bank for Reconstruction and Development (UBRD) was sold in an auction to Bohai Commodity Exchange, the largest commodity exchange in China. The bidding took place on Wednesday, November 30, in the State Property Fund of Ukraine (SPFU). The Chinese exchange was the only bidder, and the state-owned holding of 99.9945 percent of UBRD’s shares was sold at the starting price of UAH 82.827 million (EUR 3.038 million), the SPFU reported.

    The key requirement for the investor that bought …

  • Chinese companies to build solar power stations in Chernobyl

    Thirty years after the Chernobyl accident, two Chinese investment companies plan to build solar power stations (SPS) in the 10-km exclusion zone around the Chernobyl reactor. The construction is expected to start in 2017, as was reported on Monday, November 21 by Reuters. GCL System Integration Technology, a subsidiary of the GCL Group, said it would cooperate with China National Complete Engineering Corp. The planned location of future solar power stations was repeatedly checked by technical …

  • China invested $1 billion in the Ukrainian energy sector

    Chinese Company CNBM has completed registration of the ownership of the 10 largest solar power plants in Ukraine, with total capacity of 267 MW, as stated by the general director of Chinese CNBM New Energy Engineering Co., Ltd Yongzhi Chen, in an interview with Interfax-Ukraine.

    Commenting on the recent news of the purchase of one of the companies, Solar Neptune, he said that it was the last registration of 10 solar power plants, sold for debts, while the rights to the other nine stations had …