• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 2 days Wind droughts
  • 5 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 4 hours Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 3 days Oil Prices Fall After Fed Raises Rates
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 11 days "Russian oil executive and Putin critic Ravil Maganov dead after mysterious six-story fall" - The New York Post
  • 3 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 13 days How Far Have We Really Gotten With Alternative Energy
  • 8 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 11 days The Federal Reserve and Money...Aspects which are not widely known

China Loans Serbia $300 Million to Construct Power Station

China’s economic power is growing throughout the world far beyond its traditional spheres of influence, even penetrating the Balkans.
 
Serbian Deputy Prime Minister and Interior Minister Ivica Dacic told journalists that Beijing has granted Serbia a low interest $300 million loan to build a thermal power plant in Kostolac.

Dacic said that the information was disclosed during a meeting with the high-level delegation of the China’s Communist Party and its Political Bureau, Serbia’s Tanjug news agency reported.
 
Dacic added that he was committed to further strengthening economic relations with China and said that bilateral economic ties should be at the same level as political ones, thanking the Chinese representatives for China’s “principled” stand on the issue of Kosovo-Metohija, which Serbia continues to maintain is an integral part of the Serbian nation. Dacic concluded that Serbia reciprocally supports China's political stands, underlining that, "in this part of the world China has no greater friend than Serbia."
 
China's high-level delegation, led by Political Bureau's Standing Committee and Secretary of the CPC Central Commission for Discipline Inspection member He Guoqiang, met with Serbian Parliament Speaker Slavica Djukic-Dejanovic and Prime Minister Mirko Cvetkovic and later signed a number of bilateral agreements.
 
Ironically, during the Cold War China’s sole Balkan ally was Serbia’s neighbor, Albania, as the then state of Yugoslavia, of which Serbia was the largest republic, maintained a neutralist stance between East and West.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News