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.
Rosatom have begun work on Kazakhstan’s first Nuclear Power Plant and is looking to expand cooperation with other international partners in Kazakhstan’s growing nuclear energy industry. The country possesses significant uranium reserves.
Russia’s Arkhangelsk Port and the Chinese NewNew Shipping Company have agreed an MoU on the volumes of shipping the maritime services provider will utilise along the Northern Sea Route this year. It will be an increase on last years 14 voyages.
Russia is to upgrade and extend the Khabarovsk Highway to include a specific Bolshoy Ussuri Island exit that will lead directly to the border crossing in China. The checkpoint will be fully operational in 2028 and will be able to process 250 trucks, 50 buses, and 100 passenger cars per day, with a total annual cargo turnover of 1.3 million tonnes. At present the crossing is conducted by ferry across the Amur River.
Russia’s RZD Logistics are reporting an easing of rail transport problems along the INSTC and are saying that trains servicing the routes via Iran are now being booked for the March and April.
The Russian domestic consumer market can expect supply chain difficulties due to the United States and Israeli attacks on Iran. We explain the developing logistics bottlenecks, which products are likely to be impacted and expected price rises.
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India is discussing increasing the supplies of fertilizer from Russia as imports from the Middle East have ceased and China has also prohibited exports. The Indian summer crop planting season has begun and lasts through until the start of the June monsoon season, meaning the situation is becoming time critical.
The St.Petersburg International Mercantile Exchange (SPIMEX) has established a Representative Office in Beijing to assist develop Russia-China commodities trade. It has already signed cooperation agreements with various Chinese exchanges in Shanghai, Qingdao and Xinjiang. SPIMEX trades in oil and petroleum products, petrochemicals, gas, coal, timber, metals, construction materials, agricultural products, and mineral fertilizers.
The Iran war is impacting supply chains throughout Central Asia including the Eurasian Economic Union and Commonwealth of Independent States, creating new logistics corridors as well as problems. We examine the geostrategic implications as the Western hemisphere becomes increasingly isolated from the East.
Russia’s Avtotor and China’s Great Wall Motors are establishing a Joint Venture in Kaliningrad to manufacture the popular Chinese Tank 300 SUV for the Russian market. The vehicle has attracted a 7.2% share of the Russian new premium car market. Production will commence in Q2 this year.
Russian and Chinese businesses are collaborating in the biotechnology sector, an industry set to quadruple in size over the next decade and recognised as a key economic pillar by the Russian government. The Russian Agriculture Minister and a business delegation are currently in China looking at potential joint venture projects.
The crisis in the Middle East has disrupted maritime logistics between China and Europe, with operators reconsidering Russian and Eurasian overland routes. But these too face difficulties as Russian Railways is close to full capacity and political divisions have closed off EU-Russian borders. While there are options for Russia-Asia supply chains, the Eurasian routes remain problematic for European importers. We discuss what could be done to allieviate the situation.
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