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China is finding success in strengthening its ties with some South American economies. Uruguay signed a memorandum of understanding on the BRI with China in August, becoming the first Mercosur country to participate in the initiative.
China is the global leader in terms of economic recovery from the coronavirus pandemic, and the nation's recuperation stands to benefit the rest of the world, according to industry insiders and analysts.
China is a very close partner of Russia and the volume of bilateral trade is constantly rising independently of the international economic environment, Peskov told Russian news channel RT.
China imported 36.4 percent more natural gas compared with last year in the first five months, while the average price jumped 13.3 percent.
China is eyeing more overseas opportunities for its offshore drilling and completion technologies at high-temperature and high-pressure gas fields, according to the nation's largest producer of offshore oil and gas, China National Offshore Oil Corp.
