China

China, Eurasian Economic Union Discuss Regional Belt and Road Initiative Investments

China, Eurasian Economic Union, Trade

Sergei Glazyev, the Minister for Integration and Macroeconomics of the Eurasian Economic Commission, the directing head of the Eurasian Economic Union (EAEU) has been attending the China Overseas Investment Fair, which was held on May 27-28 in Beijing. China has a non-preferential trade agreement with the EAEU, which means that tariff and duty rates between

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Vladivostok Port Expanding International Shipments

China, Eurasian Economic Union, India, Trade

Vladivostok Port, in the Russian Far East, is attracting new international shipping partners, according to Nikolai Yermolayev, the Ports operating Managing Director. He was speaking at the Maritime Congress of the Russian Far East, and said that another four major international carriers are negotiating the organization of shipping lines through the port. Vladivostok Port currently

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Russian Container Ship

Artyom To Host The Largest Dry Port In The Far East, Targeting China Trade

China, Infrastructure, Investment

Russia’s FinInvest, which recently became a resident of the Mikhailovsky Priority Development Territory (ASEZ), will build the largest dry port in the Far East, which will be able to handle up to 1 million containers per year. The ASEZ includes land plots totaling more than 822 hectares in Artyom and Arsenyev cities, as well as

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Russia’s Ministry of Trade Incentivizes Non-Energy Export Trade To The Global South

Africa, China, India, Trade

The Russian Ministry of Industry and Trade is preparing updates for what will be a national directive under the banner “International Cooperation and Export” where the main emphasis will be on the reorientation of non-resource, non-energy exports to countries in Africa, Southeast Asia, and Latin America. The updated national project will be operational until 2030

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Russia China

Putin-Xi, May 2024 Russia-China Summit – Announced Deals

China, Economy, Finance, Infrastructure, Logistics & Transport, Trade

The Russian President, Vladimir Putin, visited Beijing and Harbin, China last week to meet Chinese President Xi Jinping and discuss multiple issues concerning trade and mutual development. In Harbin, Putin attended the China-Russia Expo. In this article, we summarise the meetings, and discuss the numerous announced deals and developments.     Overall Impact The overall impact

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The Putin-Xi Summit: Integrating Oblasts & Handling Sanctions

China, Trade

Russian President Vladimir Putin has confirmed his trip to Beijing to hold meetings with Chinese President Xi Jinping, himself just back from a trip to France, Serbia, and Hungary – the latter two Russia-friendly European nations. Putin meanwhile this week has restructured his government and moved around senior officials and just held meetings with Eurasian

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Russia Needs To Reduce Import Dependence On China: Chamber of Commerce & Industry

China, Economy, Trade

The Russian Chamber of Commerce & Industry has suggested changes to Russia’s import substitution sector lest it start to rely too much on Chinese manufacturing.   To reduce import dependence in Russia’s manufacturing and mechanical engineering sectors, it is essential to accelerate the development of component manufacturers – a third layer of Russian industrialisation. At present,

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