China

Lavrov

Russian Foreign Minister Q&A On Russia’s Foreign Policy 2025: Analysis

Asia, BRICS, China, Commonwealth of Independent States, Economy, Eurasian Economic Union, Finance, India, Infrastructure, Trade

The Russian Foreign Minister, Sergey Lavrov, gave an extensive media interview and Q&A session on Tuesday (January 14), at which many questions were asked. The full transcript, including comments about the United States, Ukraine, sanctions and so on, can be read here. In this article, we highlight the comments he made pertinent to our specific […]

Russian Foreign Minister Q&A On Russia’s Foreign Policy 2025: Analysis Read More »

China-EAEU

EAEU and China Update Trade and Economic Cooperation Roadmap

China, Eurasian Economic Union, Exports, Imports, Regulatory, Trade

Vladimir Serpikov, Director of the EAEU Trade Policy Department, held a working meeting with Liu Jin, Minister Plenipotentiary for Trade and Economic Affairs of the Embassy of the People’s Republic of China in Russia at the Eurasian Economic Commission on January 10th. The two sides discussed the current state and prospects for the development of

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Dedollarisation

Over Half Of All Countries Worldwide Are De-Dollarizing 

BRICS, China, Economy, Finance, India, Regulatory, Trade

More than half of the countries across the world have declared a boycott of the US dollar, an analysis conducted by Russia’s Sputnik media has showed. In 2024, 14 more nations embarked on de-dollarisation, according to Sputnik’s analysis. 46 countries have switched to making transactions in national currencies, and 53 countries now openly oppose the

Over Half Of All Countries Worldwide Are De-Dollarizing  Read More »

Counterfeit

Russian Products Being Counterfeited In China As Consumer Interest In Russia Increases 

BRICS, China, Exports, Regulatory, Trade

Copying someone is a form of flattery, however Chinese authorities are having to crack down on counterfeit Russian goods being sold in the country, a dubious form of cultural appreciation and one that somewhat inevitably goes with strengthening trade ties. The moves follow a rising number of complaints from consumers about the quality and authenticity

Russian Products Being Counterfeited In China As Consumer Interest In Russia Increases  Read More »

AI

Putin Calls For Russia-China Artificial Intelligence Alliance 

China, Infrastructure, Security, Trade

Russia’s President Vladimir Putin has instructed the government and Sberbank, the country’s largest bank and a tech innovator, to create an alliance with China to develop artificial intelligence. Putin’s directive was issued after the Artificial Intelligence Journey Conference held in Moscow last month. Speaking at the conference, the President of the Russian Federation said: “Artificial

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BRICS 2025

Russia’s 2024 Presidency Of The BRICS And Looking Ahead To 2025: Ryabkov Interview

BRICS, China, Infrastructure, Security, Trade

Sergei Ryabkov, Russia’s Deputy Minister of Foreign Affairs, and the primary “BRICS Sherpa” has been interviewed by Tass concerning the development of the BRICS group during 2024. This is especially pertinent as Russia held the Presidency of BRICS during the year, hosting the annual BRICS summit in Kazan. The interview covered Russia’s Presidency of BRICS,

Russia’s 2024 Presidency Of The BRICS And Looking Ahead To 2025: Ryabkov Interview Read More »

EAEU Flag

Eurasian Economic Union Agrees Unified Customs Transit System With Third Countries

China, Eurasian Economic Union, Regulatory, Trade

The Supreme Eurasian Economic Council, which oversees legislation on behalf of the Eurasian Economic Union, (EAEU) has signed an agreement on a Unified Customs Transit System between the EAEU and third countries. The agreement is important as it reduces transport costs from the EAEU to its major trading partners.  The agreement defines the legal framework

Eurasian Economic Union Agrees Unified Customs Transit System With Third Countries Read More »

China T Bank

Russia’s T-Bank To Open Branches In Xi’an and Shanghai

China, Finance, Trade

Russia’s T-Bank (formally Tinkoff Bank) has revealed plans to establish branches in Shanghai and Xi’an. Currently, only Russia’s VTB branch operates in China, while Sberbank and Alfa Bank have announced plans to enter the Chinese market, but their opening has not yet been announced. However, the Chinese market is in demand, especially for providing services

Russia’s T-Bank To Open Branches In Xi’an and Shanghai Read More »

Foreign Visitor To Russia Arrivals Up 95%, With Asian Arrivals Dominating

Asia, China, Imports, Russian Market, Trade

The Russian Union of Travel Industry (RUTI) has said that up to 2.5 million foreigners visited Russia for tourist and business purposes in 2024, 95% more than in 2023. The RUTI stated that “The number of foreign tourist arrivals in Russia may reach 1.8 million, in addition to about 0.7 million business trips in 2024.

Foreign Visitor To Russia Arrivals Up 95%, With Asian Arrivals Dominating Read More »

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