China and Russia are to build one of the largest ports in northeast Asia on Russia's Sea of Japan coast, Chinese media reports. It is the latest step by Beijing and Moscow to bring their economies closer, and diversify from Western influence.
The new seaport will be located in Russia’s Far East, just 18 kilometers away from the Chinese border and will be capable to handle up to 60 million tons of cargo a year, China's state-run People's Daily Online reported.
The deal between the two countries was signed at May's Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, the report said .... http://rt.com/business
