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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Russia boosted gold imports to Hong Kong 42% year-on-year to 92.1 tonnes and double in value to HK$82 billion (US$10.5 billion) in 2025, according to data from the Bureau of Statistics of the Hong Kong Special Administrative Region of China. Chinese customs data indicate that gold imports from Russia to mainland China jumped 15-fold to […]
The Russian and Chinese defense ministers have held a videoconference, with Russian Defense Minister Andrei Belousov saying on Tuesday (January 27) that Russia is ready to strengthen practical cooperation with the Chinese military. Belousov and Chinese Defense Minister Dong Jun held talks to deepen practical cooperation in such areas as joint actions and personnel training. […]
China’s Harbin city, close to the Russian border in its northerly Heilongjiang Province, has hosted the first meeting of Chinese and Russian city mayors. The theme was “Promoting innovative urban development through ice and snow culture.” The meeting was designed to serve as a multi-level and broad-aspect platform for contacts and consultations between different cities […]
Russia’s FESCO Transportation Group has expanded its maritime service connecting Vladivostok with ports in south China, with Qinzhou being added to the available routes. This will provide additional opportunities for the delivery of goods to and from Vladivostok and Qinzhou, which is about 358 nautical miles east of Hong Kong. Qinzhou is the main port […]
This past week, the small Swiss resort of Davos yet again became the temporary capital of a self-appointed global elite. Under the banner of the World Economic Forum (WEF), political leaders, multinational CEOs, financial institutions, and technology giants gathered behind closed doors to discuss the global economic prosperity. Nearly 65 heads of state and government […]
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The goals of Russia’s trade and economic partnerships differ depending on the country; for example, with China it is increasing non-resource, non-energy exports, and with India it is balancing trade, according to government materials for a strategic session on the development of foreign economic activity. Documents state that “the central element of Russia’s foreign economic […]
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
Russia boosted crustacean exports by 10% year-on-year to 91,000 tonnes in physical terms, and increased revenues by 13% to over US$2 billion in 2025, according to the Russian Agriculture Ministry’s Agroexport center. The top 5 importers included China at US$1.2 billion, South Korea at around US$750 million, Japan at over US$33 million, Vietnam at over […]
Russia boosted exports of mineral fertilizer to China 6% year-on-year to nearly 5 million tonnes, totaling US$1.6 billion, up 12% year-on-year, in 2025, according to data from China’s General Administration of Customs. This was mainly China increasing its imports of potash fertilizer, the primary fertilizer imported from Russia, 9% year-on-year to 4.6 million tonnes, worth […]
Russia increased pork product exports to China by 60% to a value of US$86.5 million in 2025 from US$53.3 million in 2024, China’s General Administration of Customs (GACC) has reported. As a result, Russia became one of the top ten suppliers of pork products to China in terms of export revenue. China imported pork products […]
Russia exported dairy products worth more than US$500 million in 2025, with supplies going to almost 100 countries worldwide, the head of the Agroexport federal center Ilya Ilyushin, said at the third forum of dairy industry leaders in Moscow on Tuesday (January 20). The final sales volumes are likely to be higher, as the December […]
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