Gas deal with Russia offers longer-term security
By Du Juan | China Daily | Updated: 2014-05-23 07:02
Pact will give China a stable energy source and a stronger hand in talks with other suppliers, reports Du Juan
China has signed a series of energy deals with Russia that will ensure secure supplies for the world's second-largest economy.
"This is a historic moment for these two giant economies, which have formed an alliance for energy cooperation that can maintain a regional balance and avoid intervention from the United States in Asia," said Han Xiaoping, chief information officer of China Energy Net Consulting Ltd.
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