China invests billions in Eastern Europe, heightening tensions with Germany

By Peter Schwarz Chinese investments in Eastern Europe have met with strong criticism from the European Union. Germany in particular views the rapidly expanding Asian economic power as a rival rather than a partner. The sixth summit of the so-called 16 plus 1 Cooperation took place in Budapest on Monday and Tuesday. It was attended … Continue reading China invests billions in Eastern Europe, heightening tensions with Germany

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Chinese premier calls for closer SCO cooperation in security, trade, regional connectivity

Chinese Premier Li Keqiang attends the 16th meeting of the Council of the Shanghai Cooperation Organization (SCO) Heads of Government (Prime Ministers) in Sochi, Russia, Dec. 1, 2017 Chinese Premier Li Keqiang on Friday urged the Shanghai Cooperation Organization (SCO) member countries to enhance cooperation in security, trade liberalization and inter-connectivity, so as to maintain … Continue reading Chinese premier calls for closer SCO cooperation in security, trade, regional connectivity

Turkish Deputy PM Explains Why Turkey, Russia are Complementary in Many Respects

The recent meeting of Russian and Turkish businessmen, held on November 24 in Moscow, has once again demonstrated that the two countries have a wealth of mutual investment and business opportunities, Turkish Deputy Prime Minister Mehmet Simsek has told Sputnik. One can say with confidence that Turkey and Russia are complementary in many respects, Turkish Deputy Prime … Continue reading Turkish Deputy PM Explains Why Turkey, Russia are Complementary in Many Respects

World’s Largest Investment Fund to Exit Oil Stocks

The world’s largest investment fund is on the brink of dumping its petrochemical assets   Norway's Sovereign Wealth Fund, the largest investment portfolio on the planet by a wide margin, is set to divest any and all interests in the extraction, processing and sale of fossil fuels, an announcement that has stunned financial markets around the globe. Said to contain some $35 … Continue reading World’s Largest Investment Fund to Exit Oil Stocks

Russia’s visa relaxation shows focus on Far East investment

Authorities say the Vladivostok free trade zone has attracted several hundred companies and about US$6.1 billion in investment pledges By Inga Velanskaya Russia will expand its simplified visa regime to eight airports in the Far East region of the country by the end of this year, reflecting a drive by Moscow to further open up … Continue reading Russia’s visa relaxation shows focus on Far East investment