over the past 14 years, Chinese investments in India amounted to only $700 million. China is the first trading partner for India, although for Beijing, India comes 12th. The trade between the two countries is estimated at nearly $70 billion. China's GDP is more than six times the size of Indian GDP
Actions of the West in Eastern Europe and ongoing pressure on Russia may eventually intensify the movement to combat the petrodollar. The biggest danger to the oil currency is likely to be related to China. Russia and China currently discuss the creation of an analogue to the international system of bank transfers - SWIFT
Russia has thus banned imports of cheeses from 13 Ukrainian plants; juices, including for baby food; spirits, beer, and beer drinks from three Ukrainian enterprises; canned vegetable, fruit and fish products from seven Ukrainian companies. The bans affected food supplies to Russia's Crimea
The reputation of Paris as a reliable partner has been called into question for Russia after the French refused to supply the first Mistral helicopter carrier, officials at the Russian Foreign Ministry said. Where are the days when Paris would not succumb to US pressure, for example, on the Iraqi issue?
Russia climbed up to the 53rd place in the ranking of global competitiveness. The consequences of the crisis in Ukraine may worsen the country's position in the future. Russia has risen in the ranking in almost all areas. The quality of roads, railways, air transport has grown. Business has become more competitive, trade barriers - lower
The Russians show little concerns about international isolation of the country and food sanctions against the West. As for Russia's food sanctions against Western countries, 78 percent approve of the move, 63 percent do not come across any problems with food. Most Russians support the ban on the import of goods from Moldova and Ukraine
On August 20, it was reported that the federal agency suspended the work of four McDonald's restaurants in Moscow, including the very first McDonald's that opened in Russia, on Pushkinskaya Square in Moscow. Despite the recent events, the American fast food chain does not shelve plans to open restaurants in Siberia
The German economy, for the first time since 2012, dropped by 0.2 percent in the second quarter, resulting in the absence of GDP growth in the eurozone. Meanwhile, under the conditions of confrontation with the West, Russia will reorient its oil supplies. Russian oil exports to Asian countries have reached historic highs and will continue to grow
EU sanctions and Russia's countermeasures will be lifted in maximum three months, experts of Denmark's largest bank Danske said in their report devoted to consequences of the crisis in Ukraine for the European economy. The European Union and Russia will lose too much if they do not keep the two-way trade in energy outside the conflict
After Russia's low-cost airline Dobrolet was forced to suspend its activities because of sanctions, almost immediately after the company entered the market, Russian authorities consider a possibility for creating a new airline to carry out regular flights to the Crimean Peninsula. Dobrolet was sanctioned by the West for its flights to the Crimea
Can Australia cause economic damage to Russia by banning the sale of uranium to the country? According to Russia's Rosatom, there are practically no uranium supplies from Australia, uranium production on the continent is frozen, whereas Russia's uranium supplies are enough for the next 100 years
The term social and economic development makes sense only from the universalization of some social gains, such as lower infant mortality rate, quality universal education, promoting compatible, income distribution, making the market dynamic and above all, fomenting actions to protect the environment against "aggression" imposed by economic and...
The production and sales of McDonald's products is likely to be banned In Russia. Legal sanctions may affect cheeseburgers and royal cheeseburgers, filet-o-fish, chicken burgers, ice cream with berry fillings and milkshakes. the content of fat, protein and carbohydrates in these product did not correspond to the data indicated in information sheets