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Russia to boost trade with China

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Uploaded by on May 22, 2008

Russia and China could increase their bilateral trade to $US 70 billions per year. That's according to Russia's President Dmitry Medvedev ahead of his trip to China. Currently, energy accounts for the bulk of trade, but both governments are keen to diversify their economic relationship.

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  • to the guy below, China can write off USA market with a stroke of pen, screw the Americans, aka planet chewing assholes!

    Currently, the US with a mere 5% of world population but consume more than 30% of the world natural resources.

    And WTF are the Americans contributing to the world? MORE F#$KNG wars!

  • The immediate effect of this deal will be modrate, BUT in the long term - 10..15 years it will be HUGE. The long term aim for both countries is REAL COOPERATION IN DEVELOPING NEW TECHNOLOGIES. BOTH need it badly cos new techs costs HUGE resourses and west REJECTS to cooperate REALLY with both Russia and China. West want Russia to be source of raw materials, China to be "chip labour". Both Russia and China try hard to avoid such a prospect.

    So, the deal IMHO is about that.

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  • Step 1. Make russia, china and japan 1 continent instead of 3 countries in 2 continents

    Step 2. Kill USA, they are 5% of the worlds population, but use 30% of the worlds resources

    Step 3. ????

    Step 4. Vodka, electronics and sex robots

  • the soviet union failed for a reason. communism doesn't work in the long run...

  • it's definitely nice to have China there as your neighbor. World's most prosperous and potentially most powerful which should give Russia a needed boost forward.

  • I simply couldn't agree more with Mr. Planettan, though I fear of saying it on a forum because of all the blind patriotism that is characteristic of Americans. The U.S. has been hampering the world and living FAR beyong its means for FAR too long. On the flipside, Russia, India, China, all of the so-called "third world" countries (what a disgusting, insulting name I might add) have had their patience, have suffered enough. It's time for the rest of the world to tell the U.S. fuck off.

  • i also hate america

  • Its true...China is getting rich coz of USA....

    And i thank USA for they money:D...its sad that USA isnt getting ruch coz of China

  • In the long run this team-up will probably become a joint superpower.

  • yes, but you have to exam why they want to sell out. in this day and age everyone wants to live prosperously. if russia has a strong economic system they would not want to sell out to nato or eu, especially the smaller nations. they want to be protected by someone strong; someone with the hardware and software.

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