Russian President Vladimir Putin says Chinese investments in Russian energy sector a welcome part of strengthening diplomatic ties. Photo by David Silpa/UPI MOSCOW, June 23 (UPI) — Chinese partnerships in the Russian energy sector are expected to help establish a stronger diplomatic relationship, Russian President Vladimir Putin said. “China is increasing its presence in our energy market, it is a major shareholder in one of our significant projects, Yamal LNG, and it has acquired 10 percent of the shares in one of our leading chemical holdings, SIBUR,” Putin told the official state-run Xinhua News Agency. “We welcome these Chinese investments not only as a means of placing financial resources but also as a means of further developing our partnership.” The Kremlin’s press service this week said Putin aims to build an “equal and confidential partnership” with China during weekend meetings with Chinese President Xi Jinping . China is linked […]