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China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis.Russia isn't in talks with China about any financial aid, said Dmitry Peskov, a spokesman for President Vladimir Putin. He said he didn't know if China was preparing to offer aid. China's Foreign Ministry, asked about assisting Russia, said Thursday the country was ready to work with all members of the SCO group to strengthen economic cooperation. Onetime Cold War ally China already proved a help to its neighbor embroiled in tensions with the U.S. and European Union earlier this year, signing a three-decade, $400 billion deal to buy Russian gas. Russia's crisis is a double-edged sword for China, said Wang Haiyun, a former Chinese military attache to Russia and a senior consultant to the Shanghai Cooperation Organization.
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