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 investors plan to build a trade and logistics complex, an industrial park of building materials and a plant for the production of metal structures in Primorsky Krai, with a total investment amount of about ₽2.7 billion (US$33 million), according to the Corporation for the Development of the Far East and the Arctic (KRDV). The […]
Russia’s FESCO Transport Group, part of the Rosatom State Corporation, has transported more than 37,000 tonnes (3,000 TEU) of Russian pork to China since April 2024, when FESCO first stated this service. Pork is transported to China as part of the Meat Shuttle service, operated by a subsidiary of Dalreftrans, which is responsible for transporting […]
Russia’s Delo Group stevedoring subsidiary has launched a new container service that connects the Russian port of Vostochny with China’s east coast Qingdao, with the service running three times a month. It will be able to take on board both universal containers and specialized tank containers and refrigerated trucks. Vostochny Port is near to Vladivostok […]
Russian Railways Logistics plans to launch permanent cargo delivery to China via Iran via the International North-South Transport Corridor (INSTC), according to Vera Vtorygina, director of the Russian Railways Logistics branch in Saratov. She was speaking at the “Transport Logistics of the Caspian Region 2025” forum in Astrakhan. In March, a test shipment of potash […]
The Russian Foreign Minister, Sergey Lavrov, has met with China’s Foreign Minister Wang Yi at the BRICS Foreign Minister’s meetings in Rio de Janeiro. This is what they had to say: Sergey Lavrov’s Statement “Dear friend, we meet regularly and frequently, which allows us to remain in good shape. You said that we are likely […]
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Russia and China have conducted navigation studies for the development of shipping lanes on the border sections of the Amur, Ussuri, Argun, Sungacha and Lake Khanka rivers, according to the Amur basin of inland Waterways (FBU Administration Amurvodput). The recent 66th meeting of the Joint Russian-Chinese Commission for Navigation on Border Rivers agreed on planned […]
The countries of the Global South, which include 133 countries in Asia, Africa, Latin America and the Middle East, will trade more actively with China in the next decade, the Boston Consulting Group (BCG) has stated in their latest report. They note that trade turnover between China and the Global South will grow by 5.9% […]
Uzbekistan’s atomic energy agency Uzatom, Russia’s Rosatom Group, China National Nuclear Corporation (CNNC) division CNOS, and Shanghai Electric have been holding negotiations on building turbine equipment and assessing the prospects of adapting it for a nuclear power plant (NPP) project in Uzbekistan. Uzatom has stated that “In the course of the negotiations the parties discussed […]
Russia’s Trade & Industry Ministry has stated that Russia will impose increased customs duty of 35% on perfume, eau de toilette, powder, hair and lip makeup products, as well as skin care products imported from unfriendly countries. The tariffs are immediately effective. The Ministry notes said that the updated list of goods subject to duty […]
In order to maximise the potential of the Northern Sea Route (NSR) and develop it into one of Russia’s key transport lanes, Russia’s Arctic seaports need to be integrated with Russia’s railway and road shipping infrastructure and inland waterways, according to Nikolai Patrushev, Russian presidential aide and the Chairman of Russia’s Maritime Board. Speaking at […]
Two more logistics terminals will be built on the Russian border of Buryatia with Mongolia: one near the Naushki railway checkpoint, the second near the Kyakhta checkpoint, according to the Kyakhtinsky government. The construction projects will begin immediately, and should be completed by 2027. The local newspaper stated that Andrey Fomin, the head of the […]
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