China

Half of Russia-China Financial Transactions Arranged By Third Party Brokers

China, Finance, Trade

An estimated 50% of all financial transactions conducted between Russia and China are facilitated by means of intermediaries to avoid exposure by Chinese lenders to the risk of secondary sanctions, Reuters have reported, citing trade consultants and bankers, as well as importers and exporters. In December, US President Joe Biden signed an executive order that […]

Half of Russia-China Financial Transactions Arranged By Third Party Brokers Read More »

Putin To Visit China In May

China

Russian President Putin plans to visit China in May, he has stated, and will be meeting with Chinese President Xi Jinping in Beijing. This would be Putin’s first foreign trip since the presidential elections in March and will follow his presidential inauguration on May 7. The share of Russian Ruble and Chinese Yuan settlements in

Putin To Visit China In May Read More »

Norilsk Nickel Relocates Copper Smelting Division To China

China, Foreign Investment, Trade

Norilsk Nickel, the metals group controlled by Russia’s richest man Vladimir Potanin, will move some copper smelting production from its home country to China, as western sanctions restrict access to key pieces of equipment and cut profitability, the Financial Times reports. Potanin said that the mining major plans to relocate its copper smelting capacity at

Norilsk Nickel Relocates Copper Smelting Division To China Read More »

ice Breaker

Northern Sea Route To Be A Major Part Of The Belt & Road Initiative

China, Logistics & Transport, Trade

The Arctic, endowed with significant resource wealth, is envisioned as an advantageous multimodal transportation link that presently enables a connection between the Asia-Pacific and European regions. Legal issues surrounding the Arctic’s jurisdiction provoke contention over rights to these lands, drawing in not just the circumjacent sovereign states but also nations keen on making inroads into

Northern Sea Route To Be A Major Part Of The Belt & Road Initiative Read More »

89% Of Microchips Exported To Russia Come From China

China, Trade

The sanctions imposed by the United States, which aimed to disrupt Russia’s military capabilities by limiting its access to advanced chips are only having limited results. While Russian entities can no longer get chips directly from American, European, Japanese, and Taiwanese companies, Russia continues to obtain advanced processors mainly through indirect channels, primarily involving Chinese

89% Of Microchips Exported To Russia Come From China Read More »

Russian Car-Sharing Service Opens Sourcing Office In Shanghai

China, Foreign Investment, Trade

The auto fleet servicing subsidiary of Russian carsharing service Delimobil , Smart Mobility Management LLC (SMM) opened an office in China this year for direct purchases of spare parts, the company reported in notes to its financial statements for 2023. The office was opened in Shanghai to “look for new counterparties, partners, investors and establish

Russian Car-Sharing Service Opens Sourcing Office In Shanghai Read More »

This Weeks Russia-China Foreign Ministers Meetings: Results & Analysis

BRICS, China, Trade

Russian Foreign Minister Sergei Lavrov completed a two-day visit to Beijing on Tuesday, where he met both Chinese Foreign Minister Wang Yi and President Xi Jinping. In many ways, his trip was preparation for the visit of Russian President Vladimir Putin to China, whose plans were confirmed by the Kremlin on the same day. During

This Weeks Russia-China Foreign Ministers Meetings: Results & Analysis Read More »

Russia Warming To China’s Belt & Road Initiative Projects

BRICS, China, Logistics & Transport

When Chinese President Xi Jinping announced the Belt and Road Initiative over a decade ago, Russia’s Vladimir Putin was not enthusiastic about the massive infrastructure drive moving into his country’s “backyard”. Moscow saw landlocked former Soviet countries in Central Asia, such as Kazakhstan and Kyrgyzstan, as within its orbit and the belt and road as

Russia Warming To China’s Belt & Road Initiative Projects Read More »

Subscribe
Subscribe
Scroll to Top