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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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 […]
The Russian government is submitting for ratification an additional agreement with China, which should significantly facilitate the mutual visa regime for logistics businesses, according to Prime Minister Mikhail Mishustin. He said that after the document comes into force, all Russians who are engaged in road transport from China will be able to obtain a multiple-entry […]
Russia’s Ministry of Transport of Russia calculations for 2024 land border crossing have been evaluated and found some surprising conclusions –the largest volume of goods transiting Russia by road were sent not across the border of Russia with China, but across the border of Russia with Georgia through the Upper Lars checkpoint. That was followed […]
Norilsk Nickel (Nornickel) is the leader in Russia’s metals and mining industry, as well as the largest palladium and high-grade nickel producer and one of the largest producers of platinum and copper. Nornickel also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulfur. It has confirmed plans to develop major projects in Russia […]
Chinese President Xi Jinping has accepted an invitation to attend the celebration in Moscow of the 80th anniversary of Victory in the Great Patriotic War (World War Two), according to a statement announced by the Russian Ambassador to China, Igor Morgulov. Chinese authorities have not yet commented on the information. Morgulov stated that “The Chairman […]
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Russia exported 700,000 tonnes of confectionery products in 2024, up 8% year-on-year, while the value of these exports grew 10.3% to reach US$1.81 billion, according to the Russian Association of Confectionery Industry Enterprises. They were presenting at the “Confectionery Products of the 21st Century” conference in Moscow last week. The 2025 export forecast for Russian […]
Russian pig farmers had a significant boost in 2024, when China, the world’s largest importer of pork, began accepting Russian pork from April. That has resulted in expectations that 2025 will be a record-breaking year in Russian pork meat exports. Yury Kovalev, the CEO of the National Union of Pig Breeders stated that Russia exported […]
The upcoming BRICS Congress will take place in June, where it is planned to approve the creation of a BRICS Agrarian Alliance, according to Lyudmila Orlova, the President of the Russian National Movement of Conservation Agriculture. Orlova stated that “We held a round table in December and have now agreed on holding a congress and […]
Russia’s System Operator has proposed considering imports of electricity from China, constructing a 250 MW rapidly deployable gas turbine unit (GTU) and developing renewable energy sources as near-term measures to address the energy deficit in the Russian Far East. Fyodor Opadchy, Chairman of Unified Energy System (SO UES JSC) the System Operator, said that “In […]
Analysts at the Moscow-based Gaidar Institute’s Foreign Trade Laboratory (IEP) have stated that China-Russia trade dynamics show that the pressure of secondary sanctions on China began from March 2024, when they were first applied on a large scale. However, within four months, Russian exports to China had recovered, and by July the initial decline was […]
Computer scientists from Russia and China have developed a breakthrough algorithm using information from reverse engineering video card accelerators. The algorithm allows gaming GPUs to be used for scientific computing. The innovation was achieved by specialists from Shenzhen MSU-BIT University, which was co-founded by Lomonosov Moscow State University and the Beijing Institute of Technology, and […]
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