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 joint venture between Russia’s SIBUR and China’s Sinopec, which owns the Krasnoyarsk Synthetic Rubber Plant (KZSK), has redomiciled from Cyprus to the special administrative region on Russky Island, Vladivostok Urban District, the Unified State Registry of Legal Entities (USRLE) has stated. The USRLE said that Sibur-Sinopec Rubber Holding Company International LLC redomiciled in late […]
Major Chinese aseptic packaging manufacturers are showing interest in Russian companies producing cardboard food packaging, with the most likely Russian partner being Lambumiz , a leading dairy packaging manufacturer, with potential acquisition of a 25% stake, according to Russian industry sources. Apparently several of China’s largest aseptic packaging manufacturers are interested in potential equity stakes […]
A common online theme often raised by economic and development critics towards Russia is related to the increasing trade and investment between the two countries. China, as a one-party state, needs to keep its economy growing in the medium-long term to satisfy its huge population. Consequently, GDP growth levels are ideally maintained at rates of […]
U.S. President Donald Trump has renewed his threat of imposing punitive tariffs of up to 500% on countries such as India, China, and Brazil that continue to import Russian crude oil. While the announcement has generated immediate political noise, it has thus far resulted in limited economic shockwaves. Trump’s decision to “greenlight” legislation threatening 500% […]
Russia’s Pivot To Asia now enters its third full year of operations and has over the past months and years developed into a primary source of non-partisan, data-based commentary about what we see as the largest geopolitical shift in Eurasia for 800 years – Russia’s Pivot to Asia and the Global South. A question often […]
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China ranks first among foreign investor countries by the volume of investment in projects implemented using investment incentive preferential schemes in the Russian Far East, according to Alexey Chekunkov, the Russian Minister for the Development of the Far East and the Arctic. Discussing the advantages of the Russian Far East for Chinese investors compared to […]
The unprovoked United States attacks on Venezuela – in which 40 Venezuelans are estimated to have died in the kidnapping and removal to the United States of the Venezuelan president—have been followed through with what appears could now be a civil war breaking out in the country. Meanwhile, US President Trump has issued ‘warnings’ to […]
As the United States has aptly demonstrated, the global world order is changing and is in the process of being remade into new alliances—both in terms of political and military pressure, with the latter now being utilised to enforce the former. Yet the current position Washington is taking—with assets close to its own territory as […]
Bilateral trade between Russia and China is expected to reach slightly above US$220 billion by the end of 2025, despite the market-driven adjustment currently affecting trade indicators, the Russian Ambassador to China, Igor Morgulov has said. He was addressing faculty members and students of the Renmin University of China, and stated “At present, due to […]
The Ukraine conflict and resulting Western sanctions have triggered an abrupt and far-reaching reorientation of Russia’s foreign trade, with China having replaced the European Union as Russia’s principal trading partner, according to the Vienna Institute for International Economic Studies, as per their latest monthly report. Before the conflict began in early 2022, almost half of […]
The Chinese Ambassador to Russia, Zhang Hanhui, has been interviewed in Russian media, commenting on numerous bilateral issues, including the joint development of hi-tech products, cross-border finance, joint aircraft manufacturing, tourism, and the prospects of a joint lunar base. This is what he had to say: Q: “Russian-Chinese cooperation has broad prospects in the field […]
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