China, Russia to build seaport: report

Russian President Vladimir Putin (2nd L) and China Vice Premier Zhang Gaoli (R) at a ceremony marking the new China-Russia gas pipeline, near Yakutsk, September 1, 2014China and Russia will build one of the largest ports in northeast Asia on Russia’s Sea of Japan coast, reports said, in a further sign of the powerhouses’ growing alliance. The seaport is expected to be able to handle some 60 million tonnes of cargo a year, China’s state-run People’s Daily Online reported late Wednesday — comparable to Britain’s busiest port Immingham or Le Havre in France, according to European Commission statistics. The new facility will be located in far eastern Russia, just 18 kilometres (11 miles) away from the Chinese border. Resource-hungry China is seeking to diversify its sources of energy amid booming domestic consumption, while Russia — at odds with the West over its annexation of Ukraine’s Crimea peninsula — is seeking to refocus its gas and oil exports towards Asia.

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