Rosneft says not currently in talks on China loan

MOSCOW Wed Feb 13, 2013 1:11pm EST

MOSCOW Feb 13 (Reuters) - Russia's top crude producer Rosneft said on Wednesday it is not currently in talks to secure a loan from China.

"Rosneft is not in talks about obtaining a loan from China," the company said in emailed comments to Reuters.

Sources have told Reuters that Rosneft was seeking to borrow up to $30 billion from China in exchange for possibly doubling oil supplies, making Beijing the largest consumer of Russian oil and further diverting supplies away from Europe.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.