Russian Prime Minister Vladimir Putin may have achieved major trade pacts in Beijing but his visit yielded no breakthrough on a long-delayed gas deal with China.

Ahead of Putin’s visit to Beijing, it seemed unlikely that the latest round of negotiations on long-term supplies of Russian natural gas to China would yield any positive results. So Putin’s statement that the two countries are close to resolving a disagreement over gas monopoly Gazprom's demand for China to pay a price clo...

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