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.
We are the essential source for Russia-China business and provide in-depth analysis of bilateral trade, investment, joint ventures, and market entry strategies. This is your guide to succeeding in this critical partnership.
The development of the multipolar world is taking effect. We feature analysis of what this means for the United States, China, the European Union, United Kingdom and Russia in an article especially written for Russia’s Pivot To Asia’s readers by a Russian State Councillor.
Logistical problems in the Middle East, combined with increased costs for shipping oil and gas from others sources in North America, Latin America and Africa mean that East Asian governments are once again looking at Russia and the Northern Sea Route for deliveries. We examine the pros and cons.
Russia’s Vladivostok is discussing direct flights with China’s Yinchang. The latter is famous for the Three Gorges, Dams and River Cruises and has a population of over 4 million, all of whom live inland and would also want to experience Vladivostok’s Pacific coastal charms.
Middle East uncertainties continue to reorganise supply chains throughout Eurasia. This is leading to a resumption of plans to recommence work on a second planned Russian gas pipeline transiting Kazakhstan to feed consumer markets in China. The plans would also help energise Kazakhstan’s northern regions.
Russia’s TVEL, a subsidiary of Rosatom, has begun delivering nuclear fuel to China’s Xudabao Nuclear Power Plant in Liaoning Province, while also starting work at China’s Tianwan Nuclear Power Plant in China’s Jiangsu Province. Similar operations are expected to take place this year in Bangladesh and Turkiye.
Subscribe to receive exclusive insights and analysis on China.
Two senior Russian officials have released a joint analysis concerning Russia’s views of ASEAN, its relations with BRICS, the Shanghai Cooperation Organisation, Eurasian Economic Union and its role in defining the emerging new world order. It is essential geopolitical strategic reading for anyone interested in Southeast Asia and its relations with Russia, and the developing multipolar world.
The Russian Deputy Foreign Minister Andrey Rudenko has stated that Russia will not export oil to any countries imposing a price cap. This affects all the G7 nations including the European Union, who have imposed price caps at US$45 a barrel for Russian fuel oil. However, volatility created by the conflict in Iran has seen prices fluctuate between US$75 to above US$100 a barrel while Russia has shifted its energy export priorities to markets in Asia. JP Morgan analysts suggest the price could reach US$150 a barrel if the Strait of Hormuz is not reopened soon.
Russian rail connectivity and freight volumes with the Shanghai Cooperation Organisation countries has been increasing and is set to continue this trend. We examine the rail development plans of each of the major national carriers as it becomes apparent that overland supply chains must improve in the wake of regional maritime uncertainties and conflicts.
Kazakhstan and Russia are making significant efforts to boost Eurasian continental rail connectivity with China, in moves that will further secure supply chains in the wake of current maritime shipping problems. We examine the trends and the longer term impacts.
Russian agriculture exporters are targeting South China’s ‘Greater Bay Area’ as a new export market as products diversify to different regions of the country a long way from the northern border. The Greater Bay Area includes Guangdong Province in addition to Hong Kong and Macau and is one of China’s most affluent regions.
The Russian government has approved another four Russian-made, Chinese branded vehicles for use as taxis. We provide the full list of approved vehicles for this market. Demand for taxi rides is a fast growing sector of the public transport industry in Russia.
Русский
