Russia and China have entered a new stage of bilateral relations

Sunday, October 25, 2020

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Russia and China have entered a new stage of bilateral relations, Chinese ambassador to Russia Liu Guchang said on Tuesday. He was delivering a lecture to students of International University. "The new stage of Russian-Chinese relations began in 2004 when the sides finally settled the territorial problem and started developing political relations," the Chinese ambassador said. According to him, the Russian-Chinese talks on Russia's accession to the World Trade Organization (WTO) were a success. "Russian-Chinese economic relations keep developing and by 2010 we expect the bilateral trade to reach $60-80 billion," Liu Guchang said. He also pointed out the growth of bilateral interaction on the international scene, in particular, within such organizations as the UN and the Shanghai Cooperation Organization (SCO: Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan). Answering a students' question if Russia could follow China's way of economic development preserving the socialist system Liu Guchang said evasively that "each country should follow the way which meets its specific features". "Only Russian people can determine which way Russia should follow. We do not want to impose our way of development on other countries," the Chinese ambassador stressed.

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