Money Can’t Buy Me Love, but Diamonds Are Forever Russia has imported a significant quantity of diamonds from China for the first time, with 35,000 carats of the gems, worth more than US$12 million, imported last month, based on Chinese customs data. Both countries had stated that barter could be used to settle trade transactions […]
Russia Imports Chinese Diamonds To Beat Financial Sanctions Read More »
The Future Iraq Institute for Economic Research and Consulting has reported that Iraq and Saudi Arabia have lost their positions as the largest oil exporters to China due to purchasing incentives offered by Russia and Iran. According to the report, Russia captured 22% of China’s oil imports in August 2024, offering prices that were 6%
Russia, Iran, Overtake Saudi Arabia and Iraq As Leading Oil Exporters To China Read More »
China’s Soueast automobile brand is planning to enter the Russian market at the end of this year, the company has stated. “Soueast will offer Russian consumers two models, the flagship crossover, Soueast S09, in the D-SUV segment, and the intelligent urban crossover, Soueast S07, in the C-SUV segment” the company said. Full technical specifications and
Russian fish exporters need to actively develop new niche markets through marketing tools, according to German Zverev, President of the All-Russian Association of Fishermen. This will be of interest to Russian sales and marketing businesses with China market capabilities. According to Zverev, China is currently the second largest global importer of fish products after the
Russia Wants To Reel In China’s Growing Fish Consumer Market Read More »
Some Russian businesses have begun using gold to pay Chinese suppliers to get around US sanctions and threats of sanctions against Chinese banks affecting Russia-China bank transfers. The alternative solution means that gold is purchased in Russia, transported by private courier to Hong Kong, where it is sold, and the cash is deposited into the
Russia Begins Paying China Traders In Hong Kong Using Couriered Gold Read More »
The redevelopment of Big Ussuri Island, including the opening of a new Russia-China border crossing, is stimulating billions of rubles of investment into the area, according to the Khabarovsk Minister of Economic Development, Viktor Kalashnikov. Bolshoi (Big) Ussuri Island is on the Amur River, along the border between Russia and China. The Russian part of
New China Border Checkpoint At Big Ussuri Island Spurs Additional Investment Projects Read More »
For the first time a goods train will deliver products directly from Ulyanovsk to Baku and then to Iran’s Astara in less than a month, the head of the region Alexey Russkikh said. Ulyanovsk, the administrative centre of the Ulyanovsk region, located on the banks of the Volga and Sviyaga rivers, is a major diversified
Russia’s bilateral trade growth with China is being subjected to the commercial brakes being applied to it by the United States sanctions policy, a scenario both Moscow and Beijing detest, and vehemently protest, but at present are being forced into adhering to some restrictions. The main problems come from sanctions, or the threat of them,
US Sanctions Impacting Russia-China Bilateral Trade – Problems & Development Analysis Read More »
Another new trade corridor between Russia and Asia is set to open in 2025 when the Khandagayty checkpoint on the border with Mongolia is completed in Tuva. The new facility includes a Special Economic Zone, (SEZ) which provides a bonded area for the processing and manufacturing of goods. This has tax saving advantages for finished
New Russia – Mongolia Border Crossing and Special Economic Zone To Open In 2025 Read More »
A new cross-border railway bridge between the Russia’s Amur Region and China, at the Jalinda – Mohe border, is planned to be built as part of a public-private partnership scheme. Pavel Puzanov, Deputy Chairman of the Amur regional government, has stated that this new transport corridor will provide an alternative option for border crossings, relieve
New Russia-China Border Crossing Railway Bridge Proposed Read More »
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