Russia-China bilateral trade has exceeded US$200 billion for three consecutive years, with China remaining vital for Russia’s economy. Key exports for Russia are oil and gas, while China sends cars, electronics, and industrial components, with both nations deepening strategic cooperation and substantial joint infrastructure projects and connectivity despite global pressures. The trade mix however is changing as Russia looks to access markets deeper into the country and its significant Central and Southern populations.
We are the essential source for Russia-China business and provide in-depth analysis of bilateral trade, investment, joint ventures, and market entry strategies. This is your guide to succeeding in this critical partnership.
The Russian domestic consumer market can expect supply chain difficulties due to the United States and Israeli attacks on Iran. We explain the developing logistics bottlenecks, which products are likely to be impacted and expected price rises.
India is discussing increasing the supplies of fertilizer from Russia as imports from the Middle East have ceased and China has also prohibited exports. The Indian summer crop planting season has begun and lasts through until the start of the June monsoon season, meaning the situation is becoming time critical.
The St.Petersburg International Mercantile Exchange (SPIMEX) has established a Representative Office in Beijing to assist develop Russia-China commodities trade. It has already signed cooperation agreements with various Chinese exchanges in Shanghai, Qingdao and Xinjiang. SPIMEX trades in oil and petroleum products, petrochemicals, gas, coal, timber, metals, construction materials, agricultural products, and mineral fertilizers.
The Iran war is impacting supply chains throughout Central Asia including the Eurasian Economic Union and Commonwealth of Independent States, creating new logistics corridors as well as problems. We examine the geostrategic implications as the Western hemisphere becomes increasingly isolated from the East.
Russia’s Avtotor and China’s Great Wall Motors are establishing a Joint Venture in Kaliningrad to manufacture the popular Chinese Tank 300 SUV for the Russian market. The vehicle has attracted a 7.2% share of the Russian new premium car market. Production will commence in Q2 this year.
Subscribe to receive exclusive insights and analysis on China.
Russian and Chinese businesses are collaborating in the biotechnology sector, an industry set to quadruple in size over the next decade and recognised as a key economic pillar by the Russian government. The Russian Agriculture Minister and a business delegation are currently in China looking at potential joint venture projects.
The crisis in the Middle East has disrupted maritime logistics between China and Europe, with operators reconsidering Russian and Eurasian overland routes. But these too face difficulties as Russian Railways is close to full capacity and political divisions have closed off EU-Russian borders. While there are options for Russia-Asia supply chains, the Eurasian routes remain problematic for European importers. We discuss what could be done to allieviate the situation.
Russia became the top supplier to China of vegetable cooking oils in the last agricultural year, with exports up 16% over the previous 12 months. The global market has increased demand for Russian rapeseed oil, partially due to a worsening situation with imported canola supplies to China due to an ongoing China-Canada trade conflict, and the sluggish pace of Australian raw material arriving at Chinese oil mills as an alternative procurement channel
A study of the Chinese National People’s Congress 2026-30 budget, just released, reveals that China intends to fast-track the Power of Siberia 2 pipeline from Russia and expedite increasing LNG supplies as soon as possible. The move comes as a stabilizing factor in China’s energy security as they look for alternatives to supplies from the Middle East. This will likely mean that Russia will replace Qatar as China’s primary LNG source.
The media coverage of the spill-over consequences of the military conflict in the Middle East has concentrated on energy shortages, and especially in the immediate region and Europe. However, there are numerous other commodities impacted as well. In this article we describe the benefits and problems this has brought to Russia – and other Eurasian and global actors. We discuss these in detail.
South Korea’s Sinokor Shipping has added a new China route using Vladivostok in the Russian Far East. The company is the largest Korean shipper operating in Russia, with the new route taking in Busan, Vladivostok, Xiamen, Hong Kong, Shekou and Haiphong.
Русский
