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Rybakova: Despite high consumer confidence, living standards will fall due to sanctions; ‘Iranian scenario’ bad, but command economy worse; future sanctions will last longer, be harder to reverse; ruble, incomes will fall
China’s economy got off to a steady start in 2022 in the face of global challenges and a resurgence of COVID-19 cases.
Chinese President Xi Jinping held talks here on Friday [Feb. 4] with visiting Russian President Vladimir Putin ahead of the Beijing 2022 Olympic Winter Games opening ceremony. The two leaders agreed to deepen strategic coordination in a cordial and friendly atmosphere.
China on Sunday publishes a guiding document on the country’s work to achieve carbon peaking and carbon neutrality goals under the new development philosophy, laying out key specific targets and measures for the coming decades.
The constant calls from European politicians to decide on a common strategy on Russia are evidence that so far the EU has only disparate principles concerning Russia, but it has not defined a long-term goal.
Experts comment on pluses, minuses of Russia’s New National Security Strategy.
Meng: If China-US relations are to be regarded as the Olympic Games, with bilateral trade as the main event, the race doesn’t need to be so ugly.
The Russian government’s forecast predicting economic growth of 3% or more is overoptimistic, say experts from the FBK economic club.
Xinhua: China’s economic recovery picked up steam in the third quarter and the country is confident of sustaining the current momentum amid the effective control of the novel coronavirus and the government’s sweeping efforts to stimulate demand and consumption.
Golden Week holiday showcases China’s economic recovery following COVID-19 epidemic.