Russian prime minister was in Beijing where he announced that he doesn't mind to create the Asian Eurovision under the new name. Few Asian countries (incl. China) which form Shanghai Cooperation Organisation agreed.
Today Bjorn Eriksson adviced Putin to buy a license for such contest )))
EDIT: Apparently they want to transform "5 Zvyozd" (which was popular mainly in ex-USSR countries) fest into this new fest.
Though as for participants ... it's smaller, kinda. They can include ex-Soviet countries + China, Mongolia, India and Pakistan. I don't think that Iran and Sri Lanka will be interested
I'm wondering if it's alternative option for Asiavision or A-vision won't be postponed.