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.
Russia’s bilateral trade growth with China is being subjected to the commercial brakes being applied to it by the United States sanctions policy, a scenario both Moscow and Beijing detest, and vehemently protest, but at present are being forced into adhering to some restrictions. The main problems come from sanctions, or the threat of them, […]
Another new trade corridor between Russia and Asia is set to open in 2025 when the Khandagayty checkpoint on the border with Mongolia is completed in Tuva. The new facility includes a Special Economic Zone, (SEZ) which provides a bonded area for the processing and manufacturing of goods. This has tax saving advantages for finished […]
A new cross-border railway bridge between the Russia’s Amur Region and China, at the Jalinda – Mohe border, is planned to be built as part of a public-private partnership scheme. Pavel Puzanov, Deputy Chairman of the Amur regional government, has stated that this new transport corridor will provide an alternative option for border crossings, relieve […]
The Russian city of Omsk is to be directed as a key transmodal logistics hub servicing trade with China and Kazakhstan, according to development plans and investments of ₽30 billion (US$340 million) outlined by Vitaly Khotsenko, the regional governor. Omsk will focus its regional trade on organising cargo transportation with China, Kazakhstan and other Asian […]
China is expected to join the consortium formed to build a multipurpose fast neutron experimental reactor (MBIR) in Dimitrovgrad, Russia’s Ulyanovsk Region before the end of this year, according to Vasily Konstantinov, a director of international scientific and technical projects at Russian SOE Rosatom Group. Konstantinov is also the CEO of the IRC MBIR Consortium. […]
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In another example of China’s Belt & Road Initiative investments leading into Russia, China’s Guangdong Xinhui Cimc Special Transportation Equipment Co. Ltd; (GXCSTE) a container manufacturer, plans to develop cargo shipments through the Lotus Special Economic Zone (SEZ) in Russia’s Astrakhan Region, on the Caspian Sea. GXCSTE, the Moscow-based Kiton Group, and JSC Lotus SEZ […]
As we predicted would happen, Chinese investors have already begun making investments into tax incentive-driven projects in Russia. China’s Xuan Yuan, (XY Group) a Beijing-based, cross-border investment firm that specialises in international trade, including railway rolling stock and other large export of electromechanical products, public safety testing equipment, urban public security and emergency systems, urban […]
The Russian President, Vladimir Putin, gave a plenary speech at the Eastern Economic Forum (EEF) on Thursday (September 5) in which he outlined Russia’s plans for regional Asian development and other issues related to security, trade and investment. The speech was one of Putin’s longer talks, lasting close to 45 minutes. Attendees included the Malaysian […]
Han Zheng, China’s Vice President, has been attending the Eastern Economic Forum in Vladivostok, and gave a speech at the event. China is Russia’s largest trade partner and shares a significant border with the Russian Far East. This is what he had to say: “Forum participants, ladies and gentlemen, friends. I am happy to be […]
Chinese car manufacturers Chery has become the largest foreign company in Russia by revenue in 2023, according to Forbes magazine. Chery is the first ever Chinese company to claim the top spot in the Forbes ranking. The brand increased its sales in Russia by 300% year-on-year to over ₽590 billion (US$6.65 billion). According to the […]
Russian truckers and logistics companies employed on the China trade delivery run will be happy to learn that the Chinese government has approved procedures that should simplify entry of Russian truckers to China. Following the results of the 29th regular meeting of the heads of Government of Russia and China, a protocol was signed on […]
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