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Monday, October 19, 2020
China’s GWM to Set Up New Factory in Russia
GWM's Tula factory in Russia and the Ministry of Industry and Trade of the Russian Federation officially signed a Special Investment Contract (SPIC). GWM is expected to invest a total of RUB 42.4 billion (RMB 3.7 billion / Rs 3,910 crore) to build an automobile factory that is able to realize the deep localisation of core auto parts
RZD Logistics and UTLC ERA has organizes the first train shipment of commodities under sanctions in Russia from Europe to China across the territory of the Russian Federation. Previously, ad hock containers were shipped only
RZD Logistics has organized train delivery of sunflower oil from Yekaterinburg in Russia to Shanghai in China. The project was developed in cooperation with Rusagro Group in the framework of the Agroexpress rail service
US$736 million deal to cover fifth section of 790-kilometre line from Moscow to Kazan
Great Wall Motors will spend $542.26 million to upgrade its Russian plant under a special investment contract with the Russian Ministry of Industry and Trade
The first highway bridge connecting China and Russia over the Heilong River is ready for traffic, and expected to facilitate the cross-border flow of cargo and people
As the centre of gravity of the global power play tilts towards its economic underlining, issues like trade, connectivity and infrastructure have come to warrant greater significance in foreign policies
