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China's Hu in Russian state visit Chinese leader starts Russia tour
(about 9 hours later)
China's President Hu Jintao is starting a three-day state visit to Russia aimed at promoting trade and energy ties. China's President Hu Jintao has started a three-day state visit to Russia aimed at promoting trade and energy ties.
Mr Hu's talks with Russian counterpart Vladimir Putin are expected to focus on possible oil and gas deals. "I am certain this visit will give new momentum to the deepening of Russian-Chinese relations," Mr Hu said in a statement on his arrival.
China - a huge energy consumer - has been lobbying hard for priority access over Japan to a proposed Russian pipeline carrying Siberian oil to Asia. Oil and gas deals are expected to be on the agenda when Mr Hu meets his Russian counterpart Vladimir Putin.
Correspondents say diplomatic ties have strengthened in recent years, with both keen to counterbalance US influence. China has been lobbying hard for access over Japan to a proposed Russian pipeline carrying Siberian oil to Asia.
On the surface, China and Russia are a powerful combination that should have strategic planners in Washington sweating nervously. Closer ties
But the reality has so far not matched the rhetoric. President Hu is coming to Moscow to solidify a strategic partnership that was first declared by presidents Jiang Zemin and Boris Yeltsin back in the mid-1990s. Mr Hu and Mr Putin is due to attend the opening ceremony for the "Year of China in Russia", a move designed to cement the strategic partnership that was first declared by presidents Jiang Zemin and Boris Yeltsin in the mid-1990s.
The Sino-Russian initiative, which follows last year's "Year of Russia in China", is expected to feature some 200 events throughout the year, including a major Chinese exhibition, a cultural festival, a business forum and an investment conference.
President Hu will also visit the oil-rich region of Tatarstan, which could yield an oil deal with the regional firm Tatneft, a local government spokeswoman said.
Correspondents say diplomatic ties have strengthened in recent years, with both countries keen to counterbalance US influence.
Ambivalent attitudeAmbivalent attitude
In concrete terms, China has bought tens of billions of dollars worth of Russian military technology and would like to buy a lot more Russian oil and gas. China has bought tens of billions of dollars worth of Russian military technology and would like to buy more Russian oil and gas.
But bilateral trade of around $40bn (£20bn) a year is still only 2% of China's overall trade and a fraction of that with the United States. But bilateral trade of around $40bn (£20.4bn) a year is still only 2% of China's overall trade, and a fraction of that with the United States.
Russia would like to see China spending much more of its growing wealth on goods made here. Russia would like to see China spending more of its growing wealth on goods made there.
But Moscow also views China's rise with ambivalence. Tens of thousands of Chinese businessmen now live and work in cities across Russia's vast Siberian territories. But Moscow also views China's rise with ambivalence, says the BBC's Rupert Wingfield-Hayes.
Tens of thousands of Chinese businessmen now live and work in cities across Russia's vast Siberian territories, our correspondent says.
They buy up old Russian businesses or set up new ones. For the Siberian economy their arrival has been a boon.They buy up old Russian businesses or set up new ones. For the Siberian economy their arrival has been a boon.
But many Russians now worry openly that one day Chinese may come to outnumber Russians in the vast, sparsely populated land east of the Urals.But many Russians now worry openly that one day Chinese may come to outnumber Russians in the vast, sparsely populated land east of the Urals.