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2001 Sino-Russian Treaty Of Friendship
The Treaty of Good-Neighborliness and Friendly Cooperation Between the People's Republic of China and the Russian Federation (FCT) is a twenty-year strategic treaty that was signed by the leaders of the two international powers, Jiang Zemin and Vladimir Putin, on July 16, 2001. On June 28, 2021, Russia and China extended the treaty for another 5 years after its expiration in February 2022. Overview The treaty outlines the broad strokes which are to serve as a basis for peaceful relations, economic cooperation, as well as diplomatic and geopolitical reliance. Article 9 of the treaty states "When a situation arises in which one of the contracting parties deems that peace is being threatened and undermined or its security interests are involved or when it is confronted with the threat of aggression, the contracting parties shall immediately hold contacts and consultations in order to eliminate such threats." Other articles (A7 and A16) point at increasing military cooperation, in ...
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Jiang Zemin
Jiang Zemin (17 August 1926 – 30 November 2022) was a Chinese politician who served as general secretary of the Chinese Communist Party (CCP) from 1989 to 2002, as chairman of the Central Military Commission from 1989 to 2004, and as president of China from 1993 to 2003. Jiang was paramount leader of China from 1989 to 2002. He was the core leader of the third generation of Chinese leadership, one of only four core leaders alongside Mao Zedong, Deng Xiaoping and Xi Jinping. Jiang Zemin came to power unexpectedly as a compromise candidate following the 1989 Tiananmen Square protests and massacre, when he replaced Zhao Ziyang as CCP general secretary after Zhao was ousted for his support for the student movement. At the time, Jiang had been the party leader of the city of Shanghai. As the involvement of the "Eight Elders" in Chinese politics steadily declined, Jiang consolidated his hold on power to become the "paramount leader" in the country during the 1990s. Urged by D ...
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One China
The term One China may refer to one of the following: * The One China principle is the position held by the People's Republic of China (PRC) that there is only one sovereign state under the name China, with the PRC serving as the sole legitimate government of that China, and Taiwan is a part of China. It is opposed to the idea that there are two states holding the name "China", the People's Republic of China (PRC) and the Republic of China (ROC); as well as the idea that China and Taiwan form two separate countries. * One China with respective interpretations refers to the interpretation of the 1992 Consensus asserted by the ROC's then-governing political party Kuomintang (KMT) that both the PRC and ROC had agreed that there is one "China", but disagreed on whether "China" is represented by the PRC or ROC. This interpretation of the 1992 Consensus has not been accepted by the PRC. The Democratic Progressive Party (DPP), the other major party of the ROC politics, has never ...
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Economic Power
Economic power refers to the ability of countries, businesses or individuals to improve living standards. It increases their ability to make decisions on their own that benefit them. Scholars of international relations also refer to the economic power of a country as a factor influencing its power in international relations. Definition Economists use several concepts featuring the word power: * Market power is the ability of a firm to profitably raise the market price of a good or service over marginal cost. ** Monopoly power is a strong form of market power—the ability to set prices or wages unilaterally. This is the opposite of the situation in a perfectly competitive market in which supply and demand set prices. * Purchasing power, i.e. the ability of any amount of money to buy goods and services. Those with more assets, or more correctly net worth, have more power of this sort. The greater the liquidity of one's assets, the greater one's purchasing power is. Purchasing p ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ...
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Employment
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endea ...
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Dissolution Of The Soviet Union
The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Soviet Union (USSR) which resulted in the end of the country's and its federal government's existence as a sovereign state, thereby resulting in its constituent republics gaining full sovereignty on 26 December 1991. It brought an end to General Secretary Mikhail Gorbachev's (later also President) effort to reform the Soviet political and economic system in an attempt to stop a period of political stalemate and economic backslide. The Soviet Union had experienced internal stagnation and ethnic separatism. Although highly centralized until its final years, the country was made up of fifteen top-level republics that served as homelands for different ethnicities. By late 1991, amid a catastrophic political crisis, with several republics alre ...
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Capital (economics)
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." A typical example is the machinery used in factories. Capital can be increased by the use of the factors of production, which however excludes certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. The total physical capital at any given moment in time is referred to as the capital stock (not to be confused with the capital stock of a business entity). Capital goods, real capital, or capital assets are already-produced, durable goods or any non-fi ...
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Cross-Strait Relations
Cross-Strait relations (sometimes called Mainland–Taiwan relations, or Taiwan-China relations) are the relations between China (officially the People's Republic of China) and Taiwan (officially the Republic of China). The relationship has been complex and controversial due to the dispute on the political status of Taiwan after the administration of Taiwan was transferred from Japan to the Republic of China at the end of World War II in 1945, and the subsequent split between the PRC and ROC as a result of the Chinese Civil War. The essential question is whether the two governments are still in a civil war over One China, each holding within one of two "regions" or parts of the same country (e.g. "1992 Consensus"), whether they can be reunified as One country, two systems, or whether they are now separate countries (either as "Taiwan" and "China" or Two Chinas). The English expression "cross-strait relations" is considered to be a neutral term which avoids reference to ...
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Eastern Siberia–Pacific Ocean Oil Pipeline
The Eastern Siberia–Pacific Ocean oil pipeline (ESPO pipeline or ESPOOP, russian: Нефтепровод "Восточная Сибирь - Тихий океан" (ВСТО)) is a pipeline system for exporting Russian crude oil to the Asia-Pacific markets (Japan, China and Korea). The pipeline is built and operated by Russian pipeline company Transneft. History The first discussions of launching the ESPO pipeline started in the 1970s. Later, in 1996, on the initiative of the Russian president, Boris Yeltsin, Russia and China signed an energy agreement including plans for the ESPO pipeline. The original project of this pipeline was proposed by the Russian oil company Yukos in 2001 as an independent oil pipeline. The project involved the building of a pipeline from Angarsk, where Yukos operated a refinery, to Daqing in northern China. At the same time, Transneft proposed an alternative project to pipe oil from Taishet in Irkutsk Oblast to the Far East port Kozmino near Nakhodka. ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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Fuel
A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work. The concept was originally applied solely to those materials capable of releasing chemical energy but has since also been applied to other sources of heat energy, such as nuclear energy (via nuclear fission and nuclear fusion). The heat energy released by reactions of fuels can be converted into mechanical energy via a heat engine. Other times, the heat itself is valued for warmth, cooking, or industrial processes, as well as the illumination that accompanies combustion. Fuels are also used in the cells of organisms in a process known as cellular respiration, where organic molecules are oxidized to release usable energy. Hydrocarbons and related organic molecules are by far the most common source of fuel used by humans, but other substances, including radioactive metals, are also utilized. Fuels are contrasted with other substances or de ...
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