China

Moscow City Government Supplies in 2023 Reached 78% From Domestic Product Sources

China, Economy, Trade

Vladimir Efimov, the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations, has stated on March 10 that Russia’s capital city now concludes about 80% of contracts for the purchase of Russian goods on its Russian supplier portal. He stated that “In 2023, Moscow customers concluded 130,400 contracts on our supplier portal […]

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EAEU and Iran Agree On Eurasian Agroexpress Project

China, Eurasian Economic Union, Trade

Developing Agricultural Express Routes Via EAEU, Iran, Middle East, India & China The Eurasian Economic Commission, the governing body for the Eurasian Economic Union (EAEU) held meetings with Iran in mid-March side to discuss the development of the Eurasian Agroexpress project. This is aimed at developing exports of agricultural products from Eurasian Economic Union member

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Russia’s 2024 Economic Soft Landing

China, Economy, Trade

Russia’s economy continues to successfully battle through hardships while continuing to grow stronger, The Economist has reported on March 10, and has repeatedly “defied the doomsayers”. The publication added that Russia’s economic performance appears to be returning to pre-conflict levels despite numerous rounds of unprecedented sanctions imposed by the West over the past two years.

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China’s 2M 2024 Foreign Trade Grows Faster Than Expected On Bilateral Trade With Russia

BRICS, China, Trade

The Financial Times has reported that China’s foreign trade grew faster than expected in the first two months of 2024, driven partly by electronics and increased exports to emerging markets and Russia, with Beijing’s foreign minister touting “a new paradigm” in relations with Moscow. China’s total exports rose by 7.1% in January and February compared

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Russia Approves “Friendly States” List Of Bankers & Brokers Able To Trade In Forex  

BRICS, China, Finance, Trade

Russia has approved a list of states whose bankers and brokers can now take part in currency trading in Russia. This list of “friendly and neutral” countries allowed to trade on the country’s currency exchange market, was released in early February this year and is exclusive to countries who have not signed up to Western

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