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Tuesday, September 11, 2018

China's President Xi wants more business with Russia amid rising protectionism

Chinese President Xi Jinping wants more investment projects with neighboring Russia, at a time when the world is facing rising protectionism.

Speaking at the Eastern Economic Forum in Russia on Wednesday, Jinping said that the relationship with Russian was at an "all-time high" and that there's further scope for investments in Russia.

"China has always been and is still a participant in development projects in the Eastern part of Russia," the Chinese leader told the audience.

"We have unique geographic benefits. China and Russia are the biggest neighbors, we have solid political ties…Chinese and Russian relationships are at all times high level," Jinping noted.

The Chinese President suggested both countries should continue investing in energy, agricultural projects, tourism, infrastructure as well as education.

"There are deep and complex changes underway in the international situation, the politics of force, unilateral approaches and protectionism are rearing their head," Xi Jinping said.

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