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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Russian Railways has transported 145 million tonnes of cargo to China over the first 10 months of 2024, 8.5% more than in the same period of 2023, according to Sergey Pavlov, the Deputy head of Russian Railways. He was speaking at the “Effective Multimodal Logistics: Horizons of the Future” event during the Russian Transport Week […]
China’s State Administration of Customs has said that Russia exported pork products worth US$10.98 million to China in October 2024, almost double the amount exported in September, when the figure stood at US$5.93 million. The October figure represents a return to the export level seen in August, when Russia exported US$11.3 million of pork to […]
PipeChina, the operator of the East Route pipeline that carries Russian natural gas from Siberia to eastern China, has said that the pipeline has now been completed, and will soon be fully operational. The 5,111 km cross-border pipeline is now entering its final commissioning phase, while the southernmost section, linking Jiangsu Province with Shanghai is […]
The G20 annual summit has concluded in Rio de Janeiro, Brazil, with Russia attending with Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Türkiye, the United Kingdom, the United States, the African Union and the European Union. The Russian delegation was led by Foreign Minister […]
The Asia-Pacific Economic Cooperation (APEC) annual summit has concluded in Lima, Peru, with Russia as a member along with Australia, Brunei, Canada, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the United States, Taiwan, Hong Kong, China, Mexico, Papua New Guinea, Chile, Peru, and Vietnam. The Russian delegation was led by Deputy […]
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Russia’s new Pacific Railway has opened, with the first test coal-laden train passing along the route. The laying of the new tracks has been fully completed, with the route expected to be fully operational next year. It has been designed exclusively for the transportation of coal from the Elga deposit in Yakutia to Port Elga […]
Russian Deputy Prime Minister Alexander Novak has said that Moscow is considering a new potential route for exporting gas to China capable of supplying up to 35 billion cubic meters a year via Kazakhstan. He was speaking at the ‘Sprouts: Russia and China – Mutually Beneficial Cooperation’ international forum held last week in Kazan. […]
A new Belarusian terminal in Murmansk will receive tax benefits and guaranteed rail transportation capacity, according to Andrei Chibis, the Murmansk regional governor. Belarus is a member of the Eurasian Economic Union allowing it free trade access to Russia, and has a new Free Trade Agreement with China. Signed in August this year, this would […]
Russian Railways are to build another railway container terminal on the border with China at the Zabaikalsk / Manzhouli border checkpoint, according to the Russian Far East and Arctic Development Corporation. It will be able to process up to 250,000 digital containers (DFE) per year and will contribute to the increase in cargo flows on […]
International cargo transit along the Northern Sea Route (NSR) has already reached a volume of 3 million tonnes, exceeding 2023’s figures by 40%, according to Alexey Likhachev, Director General of Rosatom. He was speaking during the launching ceremony of Russia’s latest nuclear icebreaker, “Chukotka”. The vessel is Russia’s fifth nuclear-powered icebreaker, with Russia the only […]
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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