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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (72118)	3/17/2011 9:14:54 PM
From: TobagoJack	Read Replies (2) \| Respond to of 218898

looks like china inc found a new way to lose money just in in-tray February 9: The Chinese government has raised eyebrows with its pledge of investments totaling $3 billion in the Russian Far East. Even more surprising to some, reports Nezavisimaya Gazeta, is the creation of oversight bodies for these regions, a move that would effectively emplace Chinese government officials on Russian territory. Chinese authorities have insisted that their investments are for the mutual benefit of both countries, with the potential to further open borders between Russia and China and solve common labor shortages. Yet the scale of the PRC's proposed stake in the Far East is notable, Nezavisimaya Gazeta notes, since the Kremlin itself has made only around $1 billion-worth of investments in the region. Russian president Medvedev has intensified a decades-old battle with Japan over the South Kurils, declaring his intention to deploy further advanced weaponry on the disputed Pacific islands. According to Radio Netherlands, Medvedev also labeled the islands an “inseparable” part of Russia, only days before the Japanese Prime Minister is scheduled to arrive in Moscow for meetings with his Russian counterpart. “We will make every necessary effort to strengthen our presence on the Kuril islands,” Medvedev said. Since the end of World War II, Japan has repeatedly demanded the return of the four southern Kurils, but Russia has rejected Japan's claims over the territories.