China Archives - Page 13 of 41 - RUSSIA'S PIVOT TO ASIA

China Increases Purchases Of Russian Base Metals

Beijing has increased purchases of Russian metals, according to Chinese customs data. Chinese imports of Russian aluminium jumped nearly 56% year-on-year to almost one million tons between January and May, while copper purchases surged 66% and nickel imports more than doubled, according to the Chinese statistics. While Russia’s largest aluminium producers Rusal and Norilsk Nickel […]

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Two Chinese Airlines Introduce Direct Flights To Vladivostok

China, Logistics & Transport, Russian Market, Trade

Two Chinese airlines have introduced new direct routes to Vladivostok in the Russian Far East. They are a regional flight between Harbin, the Provincial capital of China’s northern Heilongjiang Province, which borders Russia, and flights from Shenyang, the Provincial capital of China’s eastern Liaoning Province. These flights will be operated by China Southern (Harbin) and

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Chinese Industrial Group To Buy Bankrupt Russian Oil Producer

China, Energy, Finance, Foreign Investment, Russian Market

China’s Xinjiang Sanbao Industrial Group is to purchase the bankrupt Tomskgeoneftegaz LLC, a small oil production company in the Tomsk region, for about ₽4 billion (US$51.2 million). Sanbao’s investments are expected to partially cover creditor claims after reaching a deal with the main creditor, the Kazakhstan collection agency Eagle LLP. According to its website, Xinjiang

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Fast Eurasian Agro-Express Green Corridor To Be Extended To Iran, UAE & Mongolia

Agriculture, China, Eurasian Economic Union, Exports, Infrastructure, Logistics & Transport, Middle East

The Eurasian Agro-Express service, which was originally designed to service the Chinese markets and Southeast Asian markets with high-speed deliveries of perishable goods from Russia and the Eurasian Economic Union, could be extended. Andrei Slepnev, the Minister for trade at the Eurasian Economic Commission (EEC), stated at the fourth Eurasian Economic Forum in Minsk on

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Planning Ahead: Russia & China Prepare Joint Energy Strategy to 2050

China, Energy, Exports, Infrastructure, Investment, Security, Shanghai Cooperation Organisation, Trade

Russia’s Energy Minister, Sergei Tsivilev, has met with Wang Hongzhi, the head of China’s National Energy Administration, at a meeting for energy ministers from the Shanghai Cooperation Organization (SCO) member states and discussed current issues around bilateral collaboration in fuel and energy as well as promoting fair energy access throughout the world. Tsivilev and Wang discussed LNG

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Power of Siberia 2 Gets a Chinese Political Boost After Strait of Hormuz Scare

China, Energy, Exports, Infrastructure, Trade

China’s interest in the construction of Russia’s proposed Power of Siberia 2 pipeline, which would deliver gas via Mongolia, has intensified following the outbreak of the conflict between Iran and Israel, according to sources in Beijing. The planned pipeline would allow up to 50 billion cubic meters (bcm) of natural gas to be delivered annually

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Russia Making Gains in Meat Exports to China as Quality and Price Prove Competitive

Agriculture, China, Exports, Infrastructure

Chinese meat importers have begun favoring Russian products, considering them more cost-effective and of higher quality than competitors, according to the Russian Agroexport federal center, in discussions during the Russian export business mission in Chengdu, China. Yongli Sun, of Beijing Hopewise International Trading, began importing Russian meat in 2024. He said that initial meetings with Russian exporters took place in April last year,

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Vladivostok Marine Fishing Port Begins Service To Import Fish From China’s Qingdao

China, Imports, Infrastructure, Logistics & Transport

Vladivostok Marine Fishing Port (Vladmorrybport), a stevedoring company at Vladivostok, in the Russian Far East, has begun servicing a regular container service operated by FAST Shipping Line with the Chinese port of Qingdao, the company has said, stating, “Vladmorrybport received the first vessel, Gang Tong 19, on June 17. It is planned that the line will

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Russian Rapeseed Oils Conquer 50% of China’s Total Market as Agricultural Exports Boom

Agriculture, China, Exports

Russian rapeseed oil has gained increasing popularity in the Chinese market and now accounts for over half of China’s imports of this product, according to Dmitry Kurbatov, Director of International Trade at Forward East Group. He was speaking at a Russian export business mission in Chengdu, China. Kurbatov said, “Chengdu is the global capital of

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Russian, Ruble-Linked A7A5 Stablecoin Services Billions Of Dollars Worth Of Trade

China, Eurasian Economic Union, Exports, Finance, Imports, Regulatory, Russian Market, Trade

A new cryptocurrency token designed to allow cross-border payments to avoid western financial sanctions on Russia has moved some US$9.3billion on a dedicated crypto exchange in just four months since it was launched, according to the Financial Times. Described as the first stablecoin pegged to the Russian ruble, the A7A5 token was officially launched in

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