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06/06/2012

Putin says to push military ties with China

Russian President Vladimir Putin said on Wednesday he will boost military cooperation with China, including holding more joint exercises, after the United States announced plans to shift most of its warships to the Asia-Pacific by 2020.   Putin referred to recent Sino-Russian joint navy exercises in the Yellow Sea as an example of military cooperation [...]

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06/06/2012

Central Asia group seeks bigger Afghanistan role

Central Asian states meeting in Beijing this week say they want a role in stabilizing Afghanistan after most U.S. combat troops leave at the end of 2014, with China's economic juggernaut leading the charge.   The war-torn nation's future is expected to feature prominently in discussions by leaders of the six nations that make up [...]

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06/06/2012

China Nuclear Firm Plans Up to $27 Billion IPO

China National Nuclear Power Co. said Wednesday it is planning a Shanghai initial public offering that will go toward financing five power projects worth 173.5 billion yuan ($27 billion), in a multibillion dollar deal that signals that the country's ramp-up of nuclear power is moving forward.   The state-owned nuclear power operator didn't give any [...]

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06/06/2012

Putin, Hu Seek To Push Syria Rebels To Back Annan Peace Plan

Russia and China are seeking to press the Syrian opposition to support peace efforts by United Nations envoy Kofi Annan and proposed a meeting of countries that have influence over the rebels and the government.   “Russia and China have a clear understanding that this is of crucial importance at this stage, when there is [...]

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06/06/2012

China banks made 800 bln yuan new loans in May

China's banks made new loans worth nearly 800 billion yuan ($126 billion) in May, the Economic Information Daily quoted authoritative unnamed sources as saying on Wednesday.   A slew of pro-growth policy announcements that have accelerated spending on infrastructure and key investment projects would also arrest a decease in medium and long-term loan demand, the [...]

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