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.
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The BRICS nations convened an emergency virtual summit yesterday (September 8), hosted by Brazilian President Lula da Silva, to discuss the situation concerning the United States imposition of trade tariffs on multiple countries including BRICS members. The meeting lasted about 90 minutes. All ten full BRICS members were present, represented by Brazilian President Lula Da […]
The trade turnover between Russia and China, which grew by almost 2% last year to US$245 billion, can be expected to grow by another US$30 billion in the coming two years, according to Peter Zaselsky, the Chairman of Russia’s Roseximbank. He was speaking at the Far Eastern Economic Forum in Vladivostok. Russia-China trade turnover has […]
Plucky little Laos, in southeast Asia, has just become the latest country to ignore US import tariffs, by stating that it will redirect its US exports to other markets. Laos has been hit with a 40% import duty on its products. What is surprising about this move is that Laos is a relatively small country, […]
Russia’s FESCO transport group has transported a record volume batch of over 9,000 tonnes of peas during August, from southern Russia to China. FESCO stated that “The delivery was carried out with the leading exporter ‘Sila Sibiri’ using the regular FESCO Black Sea Service (FBSS) on the Novorossiysk Qingdao route.” This is part of the […]
Discussions With Senior Officials From China, Mongolia, Laos, and about the Russian Economy: Full Contents & Analysis The Russian President, Vladimir Putin, has taken part in a series of conversations as part of the Far Eastern Economic Forum in Vladivostok. Other participants included Sonexay Siphandone, the Prime Minister of Laos, Gombojav Zandanshatar, the Prime Minister […]
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There has been much speculation about the financial arrangements and costs of building the Power of Siberia 2 gas pipeline between Russia, Mongolia and China, with Russian Energy Minister Sergei Tsivilev clarifying details at the Eastern Economic Forum currently taking place in Vladivostok. He said that the financing scheme for the project and other issues […]
Russian oil major Rosneft and China have signed an agreement on additional supplies of 2.5 million metric tons of oil per year via Kazakhstan, according to Russian Energy Minister Sergey Tsivilev, who stated, “The agreement was also signed by Rosneft and its Chinese counterparts on the additional delivery of 2.5 million metric tons of oil […]
The Russian President, Vladimir Putin, has been attending the celebrations for the end of World War II in Beijing and has had the opportunity to discuss bilateral relations with other attendees, including North Korea’s Kim Jong-un. This is what they had to say: Vladimir Putin: “Mr Chairman of State Affairs of the Democratic People’s Republic […]
The Russian Direct Investment Fund (RDIF) and the Hainan Free Trade Port Resort Software Community Group have agreed on a partnership to support Russian companies trying to enter the Chinese market and scale up their presence in the region, it was announced during President Vladimir Putin’s visit to China. Hainan FTP RSC Group is a […]
During the 2025 SCO Heads of State summit in Tianjin, the hosting Chinese President, Xi Jinping, introduced a concept called the “Global Governance Initiative” (GGI) which lays out a platform for the development of a ‘new world order’. Xi stated that “Global governance has reached a new crossroads. We must continue to take a clear […]
The seventh trilateral meeting between the Presidents of Russia, China and Mongolia has been taking place at the Great Hall of the People in Beijing. These included significant delegations from all sides, led by Russian President Vladimir Putin, Chinese President Xi Jinping and Mongolian President Ukhnaagiin Khurelsukh. Mongolia lies directly between Russia and China and […]
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