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 global use of credit rating agencies has come under criticism in the past, often with allegations of political bias. The United States, for example, was always held up as a shining beacon of creditworthiness and a guaranteed AAA rating, as were the economies of the European Union and the United Kingdom. As recently as […]
The Arkhangelsk Regional Governor, Alexander Tsybulsky, has announced that Arkhangelsk Port is to develop a deep-water hub modelled on the Chinese ports of Tianjin and Ningbo-Zhoushan, which are world leaders in cargo turnover, digitalization, and robotization. As a result, one of Russia’s oldest ports will become the main gateway to the Northern Sea Route, a […]
The Russian President, Vladimir Putin, has conducted his annual Q&A session at the Valdai Club, which was themed this year as “The Polycentric World: Instructions for Use.” In it, Putin touches on numerous academic issues to explain the changes global society is going through, why this is happening and the potential for reform and global […]
Russia has prepared a number of initiatives to increase trade with China and is counting on the country to open its market to imports of Russian fuel pellets and lift restrictions on imports of winter wheat and barley, according to Maxim Reshetnikov, the Russian Economic Development Minister. Reshetnikov was speaking at the Sub-Commission for Trade […]
Russia, which signed a number of documents in early September to increase gas exports to China through pipelines, also plans to ramp up exports of liquefied natural gas (LNG) to the country, particularly from the Arctic LNG 2 and Sakhalin-2 projects, according to Russia’s Energy Minister, Sergei Tsivilev. He stated that “We have very substantial […]
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Taiwan has become the world’s biggest importer of Russian naphtha, a petroleum derivative used to make chemicals needed for the semiconductor industry, although it has joined other sanctions against Russia and considers itself an ally of Ukraine. The findings come from a report published by the Centre for Research on Energy and Clean Air, a […]
The “Regional Quadripartite” – Russia, China, Iran, and Pakistan – has held its fourth meeting to address Afghanistan security and related affairs. The meeting was attended by Russian Foreign Minister Sergey Lavrov, Iranian Foreign Minister Seyed Abbas Araghchi, Yue Xiaoyong, the Chinese envoy on Afghanistan, and Umer Siddique, a senior Pakistani diplomat. The participants reviewed […]
The Chinese cargo ship Heng Yang 9 – which is registered in Panama – has visited Sevastopol in Crimea, marking the first major foreign vessel to use one of the Crimean ports since 2014, when hostilities with Ukraine first broke out and sanctions were imposed on the territory. While China has not adopted the western […]
The celebration of the Jewish New Year will begin today, on the evening of September 22. The celebrations will take place throughout the Jewish Autonomous Region (JAO) bordering China in the Russian Far East. The population of the region is 144,400 people. The JAO borders mainland China. Established in 1934, what became the JAO region […]
The first ‘business accelerator’ in Russia, assisting local businesses to do business in China, has opened in Russia’s Ryazan region. Russian experts possessing China expertise will help prepare local entrepreneurs to work with Chinese partners, according to Pavel Malkov, the regional governor. He stated that “The first country accelerator for China is launching today. Sinology […]
The Russian Finance Minister, Anton Siluanov, has outlined his vision for the proposed Shanghai Cooperation Organisation (SCO) Development Bank, the formation of which was discussed at the beginning of this month at the annual SCO Heads of State summit in China. The SCO includes full members Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India, Pakistan, Iran, and […]
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