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U.S. attempts to dominate global energy market: Russian FM

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U.S. attempts to dominate global energy market: Russian FM

2026-03-22 21:33 Last Updated At:22:37

The United States is pursuing a doctrine of domination in global energy markets, Russian Foreign Minister Sergey Lavrov said in an interview with Russian media on Saturday.

"They (the United States) care only about their own well-being. They are ready to defend this prosperity by any means -- coups, abductions, or assassinations of leaders of countries that have natural resources Washington desires. All of this is related to oil," said Lavrov.

Lavrov further asserted that the United States follows the principle that its interests always take precedence over international agreements.

He pointed out that the United States has historically welcomed -- and continues to welcome -- Russia's marginalization in European energy markets. He emphasized that for the United States to cooperate with Russia, it must first respect Russia's interests.

U.S. attempts to dominate global energy market: Russian FM

U.S. attempts to dominate global energy market: Russian FM

China will use various policy tools to build a robust domestic market, said China's Minister of Finance Lan Fo'an at the China Development Forum 2026 annual meeting on Sunday.

Themed "China in its 15th Five-Year Plan Period: Advancing High-Quality Development and Creating New Opportunities Together", the two-day event convenes global business leaders and scholars to explore shared opportunities emerging from China's pursuit of high-quality growth.

Lan stated the government will step up efforts to boost consumption and intensify implementation of inclusive policies that deliver benefits directly to consumers. This year, 250 billion yuan (around 36.3 billion USD) in ultra-long-term special treasury bonds will be allocated to support trade-in programs for consumer goods, and a 100 billion yuan fund will be established to stimulate domestic demand.

Meanwhile, efforts will be made to enhance long-term consumption capacity, strengthen employment support, improve the social security system, and increase residents' income through multiple channels.

On expanding effective investment, the government will optimize its investment structure and coordinate the use of ultra‑long‑term special treasury bonds, local government special bonds, and investment from the central government budget. Greater funding will be concentrated on priority areas such as new quality productive forces and new urbanization.

"We will improve fiscal and tax support policies, help private enterprises share risks, reduce financing costs, and stimulate private investment. This year, we will allocate special funds to provide credit enhancement for private enterprises issuing bonds; establish a special guarantee program for private investment; implement loan interest subsidy policies for micro, small and medium-sized enterprises; and guide more financial resources to business entities and the real economy," said Lan.

Finance ministry pledges stronger policy efforts to build robust domestic market

Finance ministry pledges stronger policy efforts to build robust domestic market

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