Chinese energy firm Sinopec Group cancels £380m investment in Russia

Sinopec Group has suspended discussions to invest up to £380million in Russia. It realised they were working with long-term Putin ally Gennady Timchenko, 69. It marks a tougher approach to Chinese relations with Russia amid sanctions.

In other hand ,china picked the largest share of cheap oil from Russia. china does things without letting it know to the world.democratic world needs to first inform public or media ,how much quantity? cost?

Well done Sinopec

Seeing this is from DailFail, won't be long before someone in China comes to refute this news

中国是一个热爱和平的国家，在几千年的历史上，从未入侵过其他国家

There You go. Way to go. Long live Ukraine 🇺🇦

Thank you Sinopec

China second guessing it's buddy buddy relationship with Putin. They may also be rethinking taking Taiwan as well.

I dont trust China, keep an eye on them and be rdy to sanction them swiftly and brutally if necessary🧐

“There’ll be no sign o’ our money,” a spokesperson said

The fact is Russia is very bad for business at the moment .

Finally jumping off that sinking ship, huh?

A significant and astonishing development

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese oil and gas company cancels $500m investment in RussiaThe state-run Sinopec Group realised a senior figure at Sibur was an ally of Vladimir Putin and has therefore decided to press hold on plans Tip of the iceberg 16 multi cam ukraine war live At present, Ukraine war is being discussed all over the world. On the other hand,the dictator of NorthKorea has spread fear among his enemies by successfully testing the Intercontinental Ballistic Missile.While NorthKorea's ally China is advising the world to exercise restraint.
Source: The Telegraph - 🏆 41. / 63 Read more »