Russia and China in talks over $10bn worth of deals
China's President Xi Jinping is in Moscow to discuss an array of deals relating to energy, trade and infrastructure with Russian President Vladimir Putin. The countries will sign deals worth more than $10bn, a move that is expected to reduce tensions between them, according to Li Huilai, China's assistant minister of foreign affairs. They will also discuss linking China's One Belt, One Road initiative and Russia's "Eurasian Economic Union", a proposed trade group in central Asia aimed at creating a single market with a free flow of labour, capital and goods by 2025.
The two nations will study linking China’s trade and infrastructure plan with the Eurasian Economic Union proposed by Russia in 2014