According to a Monday report in the People's Daily, China made its first large-scale weapons technology purchases from Russia in the last ten years, when it recently signed an agreement to buy 24 fighter jets and four submarines from Russia.

China's new president Xi Jinping, who assumed office as the country's new head last week, received a lavish reception - with guards on horsebacks welcoming him - upon his arrival in Moscow on Friday.

With China's new president Xi Jinping set to visit Moscow this week, a breakthrough in energy talks between China and Russia is apparently in the offing; in a potential development which is likely to strengthen ties between the two neighboring countries.

Xi Jinping, China's novel leader has made it clear that the country needs fresh economic reforms. He was found saying that there is no need to cover up the problems. Moreover, people should be able to talk about the same, as then only any solution for the same can be taken out.