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.
Russian President Vladimir Putin has formally requested that the Russian State Duma ratify the treaty on comprehensive strategic partnership with North Korea (DPRK) that he signed during his trip to Pyongyang in June. The Russian media reported on Monday that the ratification proposal had been registered in the legislature’s docket and is expected to be […]
The Meeting of Council of Prime Ministers of SCO Member States has begun in Pakistan, with Russia represented by Prime Minister Mikhail Mishustin. The SCO includes full members Belarus, China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan. Dialogue partners include Afghanistan and Mongolia, while Armenia, Azerbaijan, Bahrain, Cambodia, Egypt, Kuwait, Maldives, Myanmar, Nepal, […]
The Russian Defence Minister, Andrei Belousov, has met with Dong Jun, his Chinese counterpart, in Beijing on Monday (October 14). The meeting comes two days after the culmination of the East Asia Summit which China, Russia, and the United States all participated in together with numerous Asian countries. Russia has expressed immediate alarm about American […]
The Russian Foreign Minister, Sergey Lavrov, has been in Laos, attending meetings of the East Asia Summit, which included 18 partners, including Russia, being the United States, the European Union, Japan, Australia, South Korea, India and China, and the members of ASEAN. This also includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and […]
The redistribution of foreign participation in the Russian market over the past two years has resulted in Chinese investors becoming the largest source of foreign investment into the country. In the first nine months of 2024, the number of Russian registered companies with Chinese equity increased by 32% over the same period in 2023, according […]
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The Russia-China relationship has been the focus of ongoing conjecture in the West, much of it referring to how Beijing will eventually outmanoeuvre Moscow and subsume Russia either via land grabs or financial coercion. Sergey Lavrov, Russia’s Foreign Minister, has weighed in on the debate by stating, somewhat enigmatically, that “Our friendly and good-neighbourly relations […]
A new terminal for transhipment of various cargoes, including containers and grain, will be built in the port of Posyet in Primorsky Krai. Russia’s VTB bank are to finance the project, with a total investment of about ₽10 billion (US$106 million). The corresponding agreement was signed during the recent Eastern Economic Forum in Vladivostok. VTB […]
The Panamax container ship Flying Fish 1 has just completed its journey along the Northern Sea Route, navigating its way from St. Petersburg to Shanghai in 21 days at an average speed of 16 knots or about 30 kilometers per hour. What makes this voyage significant for the global shipping world and supply chain logistics […]
It doesn’t get much further into the Global South than Antarctica, and Russia and China are in talks over joint drilling of the Gamburtsev Mountain Range in the middle of the continent, the Russian Federal Agency for Mineral Resources (Rosnedra) has stated. Last month, the Chinese cities of Beijing and Changchun hosted international conferences on […]
Russia’s Foreign Minister Sergey Lavrov has been in New York attending the annual UN General Assembly. Russia, China, Iran and Pakistan are full members of the Shanghai Cooperation Organization, and Afghanistan is an observer country. Afghan representatives did not attend the meeting having been denied US Visas because some members of the government are on […]
Money Can’t Buy Me Love, but Diamonds Are Forever Russia has imported a significant quantity of diamonds from China for the first time, with 35,000 carats of the gems, worth more than US$12 million, imported last month, based on Chinese customs data. Both countries had stated that barter could be used to settle trade transactions […]
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