Russian President Vladimir Putin (R) and his Chinese counterpart Xi Jinping exchange documents during a signing ceremony at the Kremlin in Moscow on May 8, 2015. AFP PHOTO / KIRILL KUDRYAVTSEV
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Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation Friday as Moscow's ties with the West fray over the Ukraine crisis.In a further sign of Moscow's eastward shift, China and Russia are due to hold joint naval exercises next week in the eastern Mediterranean and Chinese soldiers will take part in Saturday's military parade.Xi, who like Putin looked relaxed, invited the Russian leader to attend war commemorations in China on Sept. 3 .Last May they agreed a $400-billion deal for Russia to supply China with 38 billion cubic meters (bcm) of gas annually from 2018 for 30 years.
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