ASSESSMENTS

China, Russia: Distrust Manifests in a Delayed Loan

Nov 12, 2008 | 20:33 GMT

ALEXEY DRUZHININ/AFP/Getty Images

Summary

The Chinese have allegedly stalled negotiations with Russia on a $25 billion loan to Russian oil company Rosneft and oil distribution firm Transneft. The delay reflects the persistent distrust between these geopolitical rivals.

China reportedly has stalled talks with Russia on a $25 billion loan to Russian firms Rosneft and Transneft, illustrating the continuing distrust between the Asian giants....

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