🇷🇺🇨🇳 Russia-China gas pipeline deal stalled over Beijing's price demands.

The Financial Times writes that Russia's attempts to conclude an agreement on the construction of a gas pipeline with China have reached a dead end due to unreasonable demands from Beijing regarding the price and volume of supplies.

Sources told the FT that China had insisted on paying a price close to Russia's heavily subsidized domestic prices and would commit to buying only a small fraction of the pipeline's planned annual capacity of 50 billion cubic metres.