China is willing to help Russia if needed but believes that the country has the ability to overcome its current economic problems, Chinese Foreign Minister Wang Yi was quoted as saying in a state newspaper on Monday.
The ruble has dropped about 45 percent against the dollar this year, suffering particularly steep falls early last week. President Vladimir Putin has declined to call it a crisis and said the currency would eventually rise again.
Wang, speaking to reporters over the weekend, said that Russia also had the "wisdom" to get out of difficulties, the official China Daily reported.
"If the Russian side needs, we will provide necessary assistance within our capacity," he said, noting that the two countries had consistently helped each other.
He did not elaborate.
China's trade minister, also speaking at the weekend, proposed more use of China's currency in settling trade with Russia in the face of the weaker ruble to ensure safe and reliable trade.
China and Russia have close diplomatic and economic ties, particularly in the energy sector.
However, China has largely stayed out of the crisis over Ukraine, trying not to be seen to take sides and calling for talks to resolve the issue.
China's exports to Russia rose 10.5 percent and imports climbed 2.9 percent in the first three quarters of the year from the same period in 2013, with total trade valued at $70.78 billion.
China's foreign exchange regulator said last week that they were closely monitoring the slide in the ruble but that they hadn't seen a significant impact on cross-border capital flows.
The ruble has dropped about 45 percent against the dollar this year, suffering particularly steep falls early last week. President Vladimir Putin has declined to call it a crisis and said the currency would eventually rise again.
Wang, speaking to reporters over the weekend, said that Russia also had the "wisdom" to get out of difficulties, the official China Daily reported.
"If the Russian side needs, we will provide necessary assistance within our capacity," he said, noting that the two countries had consistently helped each other.
He did not elaborate.
China's trade minister, also speaking at the weekend, proposed more use of China's currency in settling trade with Russia in the face of the weaker ruble to ensure safe and reliable trade.
China and Russia have close diplomatic and economic ties, particularly in the energy sector.
However, China has largely stayed out of the crisis over Ukraine, trying not to be seen to take sides and calling for talks to resolve the issue.
China's exports to Russia rose 10.5 percent and imports climbed 2.9 percent in the first three quarters of the year from the same period in 2013, with total trade valued at $70.78 billion.
China's foreign exchange regulator said last week that they were closely monitoring the slide in the ruble but that they hadn't seen a significant impact on cross-border capital flows.
http://www.themoscowtimes.com/article/513714.html
22/12/14
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China: "Si Rusia lo necesita, prestaremos la asistencia necesaria a nuestro alcance"....
ReplyDeleteMinistros chinos ofrecen apoyo económico a Rusia de acuerdo a las capacidades de Pekín. Una posible ampliación del acuerdo ruso-chino de permuta financiera ('swap') en divisas nacionales no solo ayudaría a estabilizar el rublo, sino también reforzaría los esfuerzos chinos para hacer del yuan una moneda de reserva global.
"Si la parte rusa lo necesita, proporcionaremos la asistencia necesaria dentro de nuestras capacidades", afirmó este sábado a la prensa el ministro de Relaciones Exteriores chino, Wang Yi, según cita el diario 'China Daily'.
Además, Wang Yi declaró que "Rusia tiene la capacidad y la sabiduría para superar las dificultades existentes en la situación económica". Wang Yi también destacó que China y Rusia siempre han estado apoyándose y ayudándose mutuamente.
Asimismo, el ministro de Comercio chino, Gao Hucheng, aseveró que la expansión del uso de los contratos de permuta financiera ('swap') en divisas nacionales y un mayor uso del yuan para el comercio bilateral, tendría un impacto muy positivo en la ayuda a Rusia, comunica Bloomberg.
Un movimiento similar podría ayudar a estabilizar el rublo, según expertos. También reforzaría los esfuerzos chinos para hacer del yuan una moneda de reserva global.................http://actualidad.rt.com/economia/161138-china-rusia-necesita-proporcionar-asistencia-necesaria
22/12/14
Russia will be able to overcome current economic difficulties. China is ready to provide any type of assistance to Russia, Chinese Foreign Minister Wang Yi said...
ReplyDelete"We believe that Russia has the capability and knowledge to overcome the current difficulties in the economy. The China-Russia partnership of strategic coordination remains on a high level. We always provide support and assistance to each other. If the Russian side needs it, we will provide all necessary assistance we can," said Wang Yi.
China's Minister of Commerce commented on the situation with the Russian ruble. "As for some fluctuations on the stock market and currency fluctuations on the foreign exchange market, some equity investors are likely to be interested in that. As for practical cooperation, we remain calm, actively promoting the development of such cooperation," the Chinese official said.
He also expressed confidence that the current financial and economic situation in Russia would not show a significant impact on the implementation of major Russian-Chinese projects in energy, production and other sectors of the economy.............http://english.pravda.ru/news/business/22-12-2014/129349-china_russia-0/#.VJhH9cw7I
22/12/14