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Russia and China joint aviation project

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Russia and China joint aviation project

Old 20th Oct 2015, 07:32
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Join Date: Oct 2015
Location: Austria
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Russia and China joint aviation project

Did anyone heared about this?
Russia, China Agree on Loans for Joint Aircraft, Helicopter Projects
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Old 20th Oct 2015, 12:41
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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
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