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23:33 18-05-2018
Two T-shaped skyscrapers to be built in southeastern Cyprus
22:59 18-05-2018
Blackstone Fund sells all its Hilton shares for $1.3 billion
22:27 18-05-2018
Mortgage rates in USA reached seven-year high
22:06 18-05-2018
Putin linked US stance on Nord Stream 2 with LNG supplies to Europe
21:52 18-05-2018
Russia and Japan begin to cooperate on “Smart Cities”
21:33 18-05-2018
Innovative international airport in Beijing will be built in 2018
21:01 18-05-2018
South Korean Lotte opens 5-star hotel with panoramic swimming pool in Samara
23:57 17-05-2018
Turkish businessmen to build a waste processing plant in Russian Caucasus
23:15 17-05-2018
Donald Trump tried to persuade Angela Merkel to abandon Nord Stream 2
22:44 17-05-2018
American Hines to build an outlet at Novorizhskoe highway
22:00 17-05-2018
Russia is no longer leader in European rating for mall construction
21:35 17-05-2018
Graffiti of foreign artists on football theme will appear on Luzhniki Stadium
21:13 17-05-2018
Production of modular all-season homes launched in Russian Far East
20:49 17-05-2018
USA may impose sanctions against companies engaged in Nord Stream 2 construction
23:25 16-05-2018
Football fans from Egypt and Saudi Arabia massively book rooms in Volgograd
22:57 16-05-2018
Administrative building in center of Moscow is put up for sale for $885,000
22:14 16-05-2018
Sakhalin bridge construction is 3 times more expensive than Crimean one
21:42 16-05-2018
Tender announced for overhaul of Akademicheskaya metro station in St. Petersburg
21:11 16-05-2018
Two lanes of Tavrida highway in Crimea to open in 2018
20:36 16-05-2018
Rosatom to build Center for Nuclear Science and Technology in Zambia
23:26 15-05-2018
Ginza restaurant holding opens farmer’s markets in Moscow
22:44 15-05-2018
Finnish developer YIT sets to build 77,000 sqm of housing in Moscow region
22:13 15-05-2018
Putin opened road section of Crimean bridge, driving KamAZ
21:35 15-05-2018
Russian regulatory agency approves Nord Stream 2 gas pipeline project
21:03 15-05-2018
Europe’s largest casino with 1,200 slot machines to be erected on Cyprus
20:29 15-05-2018
Japanese Kawasaki to build a hydrogen plant in Magadan
20:00 15-05-2018
Investments in Park Huaming business center in Moscow will exceed $300 million
21:40 14-05-2018
Russian PM signed a decree on construction of Urals high-speed rail line
20:19 14-05-2018
Russia gets its first plant producing medical equipment for radiation therapy
19:36 14-05-2018
The Crimean bridge opens for automobile transport
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China Promise

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China Promise

China is ready to open credit lines of up to $7 billion for Belarus. Minsk. Our special correspondent in Belarus, Pavel Chernenko, reports.


The Minister of Economics of Belarus, Vladimir Zinovsky, discussed this on May 11th at the Belarussian / Chinese interregional business forum which took place in Minsk. According to him, China will provide a grant for 800 million yuan (about $128 million) for technical help on social projects and construction of the Chinese dorm, and two very significant credits. "$3 billion is preferential credit, and $4 billion is commercial credit to us for financing business projects. The main orientation is infrastructure, social housing, and small and medium business", the minister declared. The head of the Ministry of Economics noted that during the visit of the Chinese President Xi Jinping to Belarus, about 50 agreements will be signed and that in the republic, 164 Chinese companies are already working. "For us it is especially important to finish the Belarusian-Chinese industrial park where the best Chinese companies will come to work, which will be built by about 800 workers”, Vladimir Zinovsky told us. We note that in the "Great Stone Park" the resident companies are already registered. He also noted the importance of the second Belarusian-Chinese project with direct investments, the Geely plant in Borisov.

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