FT learned about the preparation of the Chinese bond market for large energy companies of the Russian Federation

China is preparing to open its bond market to large Russian energy companies. This was reported on September 8 by the Financial Times (FT) newspaper.

It is claimed that Beijing's policy is undergoing changes and signals the strengthening of diplomatic ties between the two countries.

The authors of the material, citing sources, claim that Chinese financial regulators informed the heads of Russian energy companies at an August meeting in Guangzhou, southern China, that they would support their plans to issue yuan-denominated bonds on the Chinese market.

It is specified that such an issue at the first stage is likely to be limited to two or three companies. The publication calls Rosatom State Corporation and its subsidiaries among the first borrowers to enter the world's second largest bond market.

Russian companies Atomenergoprom (a subsidiary of Rosatom state Corporation), Novatek and Zarubezhneft have received credit ratings from China, the newspaper notes.

System adjustment: Putin noted the SCO's role in the security of Eurasia

What kind of global governance does Xi Jinping propose and how does "limo" diplomacy work?

On September 1, Chinese President Xi Jinping put forward the global governance initiative at the SCO+ meeting in Tianjin. According to him, the SCO countries should remain a force for stability in the modern world and protect international justice. On the same day, Putin supported the global governance initiative put forward by Xi Jinping.

All important news is on the Izvestia channel in the MAX messenger.