Wednesday, October 12, 2011

Putin - an old friend of China - slams US over its monetary policy towards China

Full Story: Indian Express

Vladimir Putin is in China to hold wide ranging talks include trade with Chinese leaders. Putin is welcomed as an old friend of China by the Chinese president Hu Jintao and said that his visit will push forward the Sino-Russian to a new strategic direction. Both leaders also slammed US for its parasitic monetary policies, specially after passing of China Currency Bill by the US recently. Both countries have already signed a massive trade bill worth $7 billion, including a Chinese investment of $1.5 billion in a Siberian aluminum smelter and $1 billion into a joint investment fund.

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