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 number of trucks being utilized under the TIR system (International Road Transport) from the China-SCO Regional Trade and Economic Cooperation Demonstration Zone in Qingdao, to SCO countries has increased by 134.3% in 7M 2025 compared to last year, according to the zone. The value of goods transported by these vehicles also increased, amounted to […]
The alignment of China’s Belt and Road Initiative (BRI) and the Eurasian Economic Union (EAEU) is boosting connectivity across Eurasia and creating new opportunities for regional development, according to Kyrgyz economist Iskender Sharsheev. His comments came as the Eurasian Intergovernmental Council, an EAEU body, met in Kyrgyzstan’s Issyk-Kul region last Thursday and Friday (August 14/15). […]
The Maritime Board of Russia, which celebrates one year since its establishment on August 13, 2025, is focusing its work on the implementation of strategic international transport projects—the Transarctic Transport Corridor (TTC) and the North-South International Transport Corridor (ITC), according to Nikolai Patrushev, Assistant to the President and Chairman of the Board. Patrushev said that […]
Russia’s RusTrans Group marine container line has increased capacity for its service between Chinese ports and the Global Ports Far Eastern terminal (part of Russia’s Delo Group). The Global Ports Far Eastern Terminal is one of the largest terminals in the Russian Far East. It’s part of the Vostochnaya Stevedoring Company (VSC) and has a […]
In July 2025, China’s exports jumped more than what experts thought. Instead of the expected 5.4% rise, there was a 7.2% increase, reaching $321.8 billion. It looks like suppliers wanted to ship more goods because they were preparing for extra servings of US tariffs. This might help explain why there’s been a noticeable rise in […]
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The regional Ukraine conflict, initially a European issue, has now evolved into a new, generally unacknowledged phase that is revealing in its geographic spread and aims – it has morphed into a global economic war, essentially pitting the European Union and the United States against the rest of the world. Both are demanding compliance with […]
Brazil will discuss a response to US President Donald Trump’s tariffs with other BRICS nations, Brazilian President Luiz Inacio Lula da Silva has stated. Lula said he will reach out to other BRICS nations and discuss how to tackle the tariffs. In addition, he said he would reach out to his Chinese and Indian counterparts, […]
The regional Ukraine conflict, initially a European issue, has now evolved into a new, generally unacknowledged phase that is revealing in its geographic spread and aims – it has morphed into a global economic war, essentially pitting the United States against the rest of the world. It is essentially demanding tributes from its allies, such […]
The supervisory board of Russia’s Rosatom Group has given the greenlight to raise foreign financing, and work is underway on preparing the issue of Chinese RMB Yuan bonds and Islamic Sukuk bonds. The China bonds could manifest themselves as the so-called ‘Panda Bonds’, being Chinese renminbi-denominated bond from a non-Chinese issuers, sold in China. These […]
The Chinese Ministry of Commerce, along with Chinese agencies for environmental protection, reform and development, energy, forestry and customs regulation has confirmed the acceleration of work to optimize pellet imports into the country. Wood pellets are generally burned for heat, although they may also be used to generate process steam and/or electricity. The stoves to […]
Russian Railways has announced that shipments in export-import traffic through border crossings with China increased by 0.9% in the first 6 months of this year. In January-June 2025, 20.4 million tonnes of cargo were transported by rail in both directions. Exports increased by 1.9% to 19.2 million tonnes. 10.1 million tonnes of export goods were […]
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