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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Hong Kong’s Exchanges and Clearing house, which runs the Hong Kong stock market, said last week that it was working with the Hong Kong monetary authority to develop an Asian international settlement house intended to rival Belgium’s Euroclear and Luxembourg’s Clearstream. The move comes as a bid to lessen dependence on western financial infrastructure, and […]
The Joint Maritime Security Belt 2025 exercise involving Russian, Iranian, and Chinese warships has begun from Iran’s Chabahar port in the Gulf of Oman. The Russian side is represented by the Rezky and Hero of Russia Aldar Tsydenzhapov corvettes, and the Pechenga tanker of the Pacific Fleet. China had deployed two warships and one logistics […]
The Rusagrotrans analytical centre, which services Russian agricultural logistics, has stated that Russia exported 275,000 tonnes of wheat to China in the first eight months of the current agricultural year from July 2024 to February 2025. This has exceeded the volume of supplies from the United States to China for the first time. Rusagrotrans […]
Russian Railways Logistics has signed a contract with one of Belarus’ leading fertilizer producers to provide a complete transport and logistics supply chain for full-scale container transportation of potash fertilizers in transit along the eastern route of the North-South international transport corridor (ITC) to China. Belarus is the world’s third-largest producer of potash, China is […]
China’s OVP Shipping has resumed regular container services from China to Kaliningrad, with shipments from Qingdao (China’s east coast) to Kaliningrad commencing from March 8. The move comes as Lithuania has restricted road and rail transport to Kaliningrad by another 30% from 2024 volumes in political attempts to squeeze the Russian territories supply chains. Kaliningrad […]
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Russian Security Council Secretary Sergey Shoigu, and China’s Foreign Minister Wang Yi have held talks in Beijing, with Shoigu also meeting with Chinese President Xi Jinping. The two sides discussed bilateral issues as concerns global and Asian security, in addition to global and regional conflicts and geopolitics. Ukraine Sticking Points These have come following Russian […]
The Russian Agriculture Ministry’s Agroexport centre has stated that Russia increased its exports of frozen herring sixfold year-on-year to over 31,000 tonnes in January 2025. China was the main purchaser of the product, accounting for 42% of all exports. South Korea at 31% and Nigeria at 27% rounded out the top three importers of Russia’s […]
The Primorsky Krai regional Government in Russia’s Far East has said that the local JSC Nakhodka Ship Repair Plant (NSRY) plans to assemble Chinese ship engines at its facilities. Cooperation in shipbuilding was discussed at a meeting between various managers of numerous industrial enterprises from Primorye and China on Tuesday (February 25) in Vladivostok. Anatoly […]
Rail cargo transportation in both directions between Russia and China increased by 9.1% compared to January 2024, to 3.5 million tonnes, Russian Railways has stated. 3.3 million tonnes were Russian exports, an increase of 8.9%. 1.7 million tonnes of cargo were exported to China through the Zabaikalsk – Manchuria railway border crossing, between Zabaykalsky Krai […]
The ex-Volkswagen auto-manufacturing plant at Kaluga is launching auto manufacturing of cars under Russia’s Tenet brand, according to regional governor Vladislav Shapsha. Volkswagen exited the Russian market in 2023, selling the business to their Russian dealership, Avilon, who paid an estimated US$135 million for VW’s Russian business. Volkswagen reportedly invested more than US$800 million to […]
Russia boosted oatmeal exports 1.5-fold year-on-year to a record of around 43,000 tonnes in 2024, according to the Russian Agriculture Ministry’s Agroexport center. China accounted for 53% of the supplies as the primary purchaser, with Kazakhstan at 12% and Georgia at 8% rounding out the top three importers of the product. Oatmeal has become a […]
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