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RUSSIA

Russia's Chinese overture as sanctions bite

AS THE Russian government mulls a $US40 billion ($43.08 billion) bailout of state-owned oil giant Rosneft, the Ukrainian crisis has led to at least one major global realignment – Russia's relations with its one-time foe, China, have never been cosier.

Russia's Chinese overture as sanctions bite

The latest sign of a new-found friendship was evident when President Vladimir Putin invited China's CNPC to take up a 10% stake at the developed Vankor field in eastern Siberia for $1 billion. The invitation...

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