February 28, 2025 08:29 GMT
RUSSIA: Russia’s Shoigu Arrives in Beijing to Meet Xi Jinping
RUSSIA
- The Secretary of Russia's Security Council, Sergei Shoigu, has arrived in Beijing to meet Chinese President Xi Jinping and Foreign Minister Wang Yi, state news agency RIA Novosti reported. The sides plan to “discuss bilateral security, international and regional issues” in what will be Shoigu’s second visit to China in the last 3 months.
- The Russian Federation Council's Economic Policy Committee has proposed conditions for the return of foreign automakers to Russia, Vedomosti report. They are largely aimed at securing guarantees that production in Russia will be preserved even if foreign companies leave again, while senators believe they should only be allowed to work as part of joint ventures with Russian automakers, with the Russian side retaining control.
- Bank regulation in 2025 will be aimed at restoring capital reserves, which shrank last year due to the rapid growth of lending, CBR chief Elvira Nabiullina said yesterday as per Kommersant.
- There are no major data releases scheduled for today.
155 words