Backinblack
20th Oct 2015, 07:32
Did anyone heared about this?
Russia, China Agree on Loans for Joint Aircraft, Helicopter Projects (http://mil.today/2015/MilitaryIndustry1/)
Well there is this:
With a major crackdown on corruption also in progress in China, and Russia hit by sanctions, falling oil prices and a collapsing currency, some joint Russian-Chinese projects may be delayed indefinitely, industry sources and analysts say.
The developments represent a major challenge to President Vladimir Putin's strategy of a pivot to Asia, spurred last year by the imposition of Western sanctions on Moscow for its role in the Ukraine crisis.
"Chinese investors have simply taken a break to see where the ruble is heading because since December all Russian ministerial forecasts have been wrong. I believe this is the main reason why large investment projects have been postponed," said Sergei Sanakoyev, head of the Russian-Chinese Analytical Centre, a Moscow-based think-tank.
http://www.themoscowtimes.com (http://www.themoscowtimes.com/business/article/russia-china-joint-projects-stonewalled-by-economic-troubles/528836.html)