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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2121)	12/19/2003 10:24:10 AM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Russia Steps up Weapons Sales to China By Sergei Blagov CNSNews.com Correspondent December 18, 2003 Moscow (CNSNews.com) - Moscow and Beijing have clinched a deal under which China would procure $2 billion worth of Russian military hardware and technologies in 2004. Russian Defense Minister Sergei Ivanov and his visiting Chinese counterpart, Cao Gangchuan, have signed a major agreement on defense ties. According to the deal, China plans next year to bring its $2 billion in military purchases from Russia closer to a ratio of 30 percent spent on serially produced weapons and 70 percent on production licenses and defense technologies. cnsnews.com