The National Interste, March 14, 2021
Earlier this week, China’s National Space Administration and Russia’s Roscosmos issued a memorandum of understanding outlining the construction of a space outpost called the International Lunar Research Station (ILRS).
“China and Russia will use their accumulated experience in space science, research and development as well as the use of space equipment and space technology to jointly develop a road map for the construction of an international lunar scientific research station (ILRS),” read a statement by China’s chief space agency. According to the Chinese government, the joint initiative will include “planning, demonstration, design, development, implementation, and operation of scientific research station projects, including project promotion to the international aerospace community.”
Paul Craig Roberts via Ria Novosti: "The new sanctions announced by Washington and Europe don’t seem to make much sense. I would be surprised if Russian oil and military industries were dependent on European capital markets in a meaningful way. The Russian companies should be able to secure adequate financing from Russian Banks or from the Russian government. If foreign loans are needed, Russia can borrow from China."