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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Analysts at the Moscow-based Gaidar Institute’s Foreign Trade Laboratory (IEP) have stated that China-Russia trade dynamics show that the pressure of secondary sanctions on China began from March 2024, when they were first applied on a large scale. However, within four months, Russian exports to China had recovered, and by July the initial decline was […]
Computer scientists from Russia and China have developed a breakthrough algorithm using information from reverse engineering video card accelerators. The algorithm allows gaming GPUs to be used for scientific computing. The innovation was achieved by specialists from Shenzhen MSU-BIT University, which was co-founded by Lomonosov Moscow State University and the Beijing Institute of Technology, and […]
The United States President, Donald Trump, has stated on his social media account that he intends to place 100% tariffs on all imports into the United States from BRICS countries if they discontinue using the US dollar in their multilateral trade relations and revert to using their own currencies. In this article we examine the […]
Russia exported a record 33.6 million tons of liquefied natural gas (LNG) last year, more than half of which went to the EU market, with Asia a close second, according to data from Belgium based, global analytics firm Kpler. The figure represents an increase of 4% from the previous record of 32.9 million tons set […]
In addition to the recent example of China’s Torklink Controls, who are investing over ₽100 million (US$1 million) into an assembly plant in Moscow, the Chinese automobile exporter Biulu (Chongqing Biulu Automotive Technology) has opened a consignment warehouse in Belarus for processing Chinese, European and other vehicles for subsequent deliveries to Russia and CIS countries. […]
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Russia’s Pivot To Asia has published its 2025 Guide To East Asia, which includes detail of Russia’s geopolitical, trade and investment relations with China, Taiwan, Hong Kong and Macau, in addition to North and South Korea, as well as Japan. It also includes a detailed breakdown of the Russian Far East and especially its East […]
Torklink Controls, a partner of the Chinese company Flowinn, is investing over ₽100 million (US$1 million) into an assembly plant for electric actuators for pipeline valves at the Yesipovo Industrial Park in the Solnechnogorsk region of Moscow. The investment is typical of the type of Foreign Direct Investment Russia is now attracting, as Chinese manufacturers […]
Meetings held between 15 Russian airlines and an aviation delegation from the Chinese Embassy have discussed the bilateral strengthening of cooperation in Russia-China passenger and cargo air transport. The meeting was chaired by Lev Kosinov, Head of the Department for Transportation Regulation and International Cooperation of the Russian Federal Air Transport Agency. In volumes, during […]
US stocks lost over US$1 trillion overnight (January 27) as China’s High Flyer, a Hedge Fund in Hangzhou, launched its Chinese chatbot, named ‘Deepseek’. The app appears to offer the same facilities as the US developed OpenAI and its ChatGPT tool, and the same performance but with fewer resources. Deepseek has already overtaken ChatGPT as […]
The China-SCO Regional Trade and Economic Cooperation Demonstration Zone (China-SCOZ), which is based in China’s Qingdao Port in its Eastern Shandong Province, has been testing shipments to other Shanghai Cooperation Organisation (SCO) countries. By the end of 2024, the number of shipments of trucks utilizing the TIR system reached 283, according to Qingdao Customs. The […]
Air China, the country’s largest airline, is to begin operating direct flights between Beijing and Vladivostok from March 30, with the route scheduled to operate three times a week using Boeing-737 aircraft. This will eventually increase to three times daily. Vladivostok airport served 2.971 million passengers in 2024, an increase of 17% year-on-year. Vladivostok is […]
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