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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U.S. President Donald Trump has renewed his threat of imposing punitive tariffs of up to 500% on countries such as India, China, and Brazil that continue to import Russian crude oil. While the announcement has generated immediate political noise, it has thus far resulted in limited economic shockwaves. Trump’s decision to “greenlight” legislation threatening 500% […]
Russia’s Pivot To Asia now enters its third full year of operations and has over the past months and years developed into a primary source of non-partisan, data-based commentary about what we see as the largest geopolitical shift in Eurasia for 800 years – Russia’s Pivot to Asia and the Global South. A question often […]
China ranks first among foreign investor countries by the volume of investment in projects implemented using investment incentive preferential schemes in the Russian Far East, according to Alexey Chekunkov, the Russian Minister for the Development of the Far East and the Arctic. Discussing the advantages of the Russian Far East for Chinese investors compared to […]
The unprovoked United States attacks on Venezuela – in which 40 Venezuelans are estimated to have died in the kidnapping and removal to the United States of the Venezuelan president—have been followed through with what appears could now be a civil war breaking out in the country. Meanwhile, US President Trump has issued ‘warnings’ to […]
As the United States has aptly demonstrated, the global world order is changing and is in the process of being remade into new alliances—both in terms of political and military pressure, with the latter now being utilised to enforce the former. Yet the current position Washington is taking—with assets close to its own territory as […]
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Bilateral trade between Russia and China is expected to reach slightly above US$220 billion by the end of 2025, despite the market-driven adjustment currently affecting trade indicators, the Russian Ambassador to China, Igor Morgulov has said. He was addressing faculty members and students of the Renmin University of China, and stated “At present, due to […]
The Ukraine conflict and resulting Western sanctions have triggered an abrupt and far-reaching reorientation of Russia’s foreign trade, with China having replaced the European Union as Russia’s principal trading partner, according to the Vienna Institute for International Economic Studies, as per their latest monthly report. Before the conflict began in early 2022, almost half of […]
The Chinese Ambassador to Russia, Zhang Hanhui, has been interviewed in Russian media, commenting on numerous bilateral issues, including the joint development of hi-tech products, cross-border finance, joint aircraft manufacturing, tourism, and the prospects of a joint lunar base. This is what he had to say: Q: “Russian-Chinese cooperation has broad prospects in the field […]
Direct flights between Vladivostok and Macau have begun, in a new service operated by Cambodian Airlines. Flights operate three times a week (Mondays, Wednesdays, and Fridays) using an Airbus A320neo. The approximate flight time is 5 hours. Macau is a Special Administrative Region of China, and is well known as a centre for gambling and […]
The Russian State Development Corporation, VEB.RF, has provided the first tranche of ₽211 million (US$2.8 million) of a ₽17 billion (US$215 million) project for constructing a cable car between Blagoveshchensk in the Amur region and Heihe in China. It will become the world’s first cross-border cable car crossing, with immigration facilities on both sides. A […]
Russia’s Segezha Group has signed an agreement with the Lingang Special Economic Zone in Shanghai to build a manufacturing and logistics cluster there during 2026. Segezha said in a press release that it plans to build converting facilities in the special zone to manufacture consumer packaging, as well as a manufacturing and distribution center for […]
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