Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, April 30, 2014

SINOGRAPH Ukraine crisis forces Eurasian evolution

Asia Time Online - Daily News

http://www.atimes.com/atimes/China/CHIN-01-300414.html
SINOGRAPH Ukraine crisis forces Eurasian evolution  (Apr 30, '14)
An historic investment-for-resources deal between Russia and China will neuter Europe's punitive efforts over Ukraine and redraw the world's energy map, but more importantly create a Eurasian dynamic that otherwise would take decades to evolve. In the 1970s, former US president Richard Nixon used the region's complexities to divide Cold War enemies. Now his doctrine is being used against America. - Francesco Sisci


BEIJING - It has not happened yet, but expectations are already enormous. A massive strategic and economic shift is expected to result from Russian President Vladimir Putin's to China in May.

After decades of fruitless talks, Moscow and Beijing are now likely ready to sign a sweeping deal which will see China invest billions of dollars in Russia, with vast resources being sold in the other direction. This correspondent first saw the agreement signed 20 years ago, when Boris Yeltsin and Jiang Zemin were the presidents, and not much occurred since. However, this time things seem to be real.

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