China

Russia To Simplify Foreign Tourism Visa Access To The Russian Far East  

Asia, China, Economy, Infrastructure, Logistics & Transport, Trade

The Russian government and relevant authorities should simplify the possibility for foreign tourists to enter regions of the Russian Far East, President Vladimir Putin has said, in assignments given at the conclusion of meetings with Russian officials during the recent Eastern Economic Forum in Vladivostok. The Russian State Cabinet, together with the Foreign Ministry, the […]

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tourism

Foreign Tourist Visits To Russia Increase 11%, China The Largest Source

China, Imports, Trade

Overall tourism numbers to Russia have tripled from the beginning of 2024, according to Russia’s Federal Security Service (FSB). There were 13 million trips by foreign nationals to Russia from January to September 2024, up 11% from the same period last year, according to data from the FSB border service. The data also shows a

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Kaliningrad Amber Producer Opens Store In China, Eying Hong Kong

China, Foreign Investment, Investment, Trade

The Kaliningrad Amber Combine (KAC), which operates a chain of Amber-specific jewelry stores in Russia, has opened an outlet in Shenzhen, China, and is looking at the same in Hong Kong. The company will operate under a franchise agreement with the Chinese company “Shenzhen Hudafu Jewelry”. The store, which has an area of 115 square

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The US Rules Based 2024 Presidential Election Order Compared With China, Russia, and the BRICS

BRICS, China, Miscellaneous, Security

As everyone knows, the United States is currently holding its Presidential elections, with the voting population evenly split. No one seems able to make a prediction. Analysts are unable to analyse, some fearful of ‘getting it wrong’ – with political repercussions to follow – and therefore building in a closer contest in polls. National newspapers,

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BS

Bank of International Settlements Poised To Cease Cooperation With mBridge

BRICS, China, Economy, Finance, Trade

The Basel-based Bank of International Settlements (BIS) is poised to drop cooperation with the mBridge financial settlements system, in a move that would delay the introduction of any alternative financial settlements system to SWIFT. mBridge has been developed by the Central banks in China, Thailand, Hong Kong, and the UAE, and has recently and successfully

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Arkhangelsk Wants Chinese Investment To Jointly Produce Arctic Standard Container Equipment

China, Exports, Foreign Investment, Logistics & Transport, Trade

The Arkhangelsk Region wants to establish joint ventures with Chinese companies in Dalian (Port Arthur) to manufacture specialized container equipment, as well as service centres for their  maintenance. Arkhangelsk and Dalian are linked by the Northern Sea Passage, a growth route for Russia-China trade.  The scheme was discussed on October 24, 2024, during a meeting

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Haval

China’s Haval To Increase Auto Production At Tula Plant To 200,000 Cars Per Annum As Russian Domestic Auto Market Expands By 50%.

BRICS, China, Foreign Investment, Imports, Russian Market, Trade

Haval autos, (part of China’s Great Wall Motors) plans to expand the production facilities of its Tula based factory, with upgrades now ongoing. Starting in 2025, after the modernisation is completed, Haval will produce up to 200,000 cars per year from the Tula site, according to Andrey Akifyev, Executive Director of Haval Motor Rus. That

China’s Haval To Increase Auto Production At Tula Plant To 200,000 Cars Per Annum As Russian Domestic Auto Market Expands By 50%. Read More »

China Vietnam Banknotes

Chinese and Vietnamese Banks Interested In Opening Branches In Russia

China, Finance, Trade

Chinese and Vietnamese banks are interested in expanding into and opening branches in Russia, according to Anatoly Aksakov, the Chairman of the State Duma’s Financial Market Committee. Aksakov is also the head of the Association of Banks of Russia’s council. He said “Several credit organizations from China, not the top tier or largest ones, are

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