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2015.2.25. interesting news

Tow interesting related stories found  this morning.

1.Guest post: Russia and China outgun the West in civil nuclear exports  FT-Beyond BRICS

Russia is currently building 37 per cent of the civil nuclear facilities under construction globally, followed by China with 28 per cent. Rosatom, the Russian nuclear corporation, has orders on its books worth US$100bn.

Russia is currently building 37 per cent of the civil nuclear facilities under construction globally, followed by China with 28 per cent. Rosatom, the Russian nuclear corporation, has orders on its books worth US$100bn.

Although nuclear exports are expected to generate profit, they are also strategic. Sanctions have driven Russia to use such deals to solidify relationships with states outside of Europe. For example, Moscow is establishing deeper ties with states in the Middle East and Latin America. China exports to Pakistan to balance its rivalry with India…

2. Guest post: Russia and China outgun the West in civil nuclear exports

In 2008, Iceland held ostentatious talks with Moscow about being bailed out of its banking crisis, one lure for Moscow being the prospect of strategic influence near the Arctic. In the same year, Pakistan – traditionally a foreign policy ally of China’s – made a plea to Beijingto prevent it falling into the hands of the IMF after its economy had gone way off track. And in 2013, Cyprus – which also has close links with Russia, being a safe haven for the cash of its oligarchs – looked to Moscow for licit official money to supplement what it already had when it was struck by a banking crisis.

In each case, Russia and China turned them down.