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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Chinese companies are interested in further localizing their production in Russia, according to Oleg Nepochatov, the CEO of the Ulyanovsk Special Economic Port Zone. He was speaking at the 3rd Sprouts Business Forum which has been held in Kazan. Nepochatov said that “We see the demand of the Chinese companies to deepen localization of their […]
Russia is both developing and integrating its digital transport system with China’s, according to Igor Levitin, an Adviser to the President of Russia and Special Representative for International Transport Cooperation. He was speaking at the Rostki International Forum in Kazan. Speaking at the session on “Russia-China: Logistics Connectivity as a Basis for Sustainable Partnership”, Levitin […]
Russia’s state-owned nuclear power giant, Rosatom, is considering the establishment of a subsidiary in China, according to information on Russia’s public procurement website. The procurement tender includes preparation of a report on the opening of a subsidiary in China and the company’s registration. The report states that the potential Rosatom subsidiary in China would ensure […]
On August 22, Russian Foreign Minister Sergey Lavrov had a telephone conversation with Venezuelan Executive Vice President Delcy Rodriguez Gomez. In the course of the conversation, the two sides confirmed their mutual intention to further strengthen the strategic partnership relations between Russia and Venezuela. The parties discussed current bilateral issues and agreed to increase interaction […]
In a show of defiance against US President Trump’s threats of sanctions, Chinese oil refineries have ramped up imports of Russian crude and have purchased oil initially intended for India. Muyu Xu, a senior crude analyst at Kpler, has said that China’s state-owned and major private refiners have purchased about 13 cargoes of Russian crude […]
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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 […]
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 […]
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