In a show of defiance against US President Trump’s threats of sanctions, Chinese oil refineries have ramped up imports of Russian crude and have purchased oil initially intended for India. Muyu Xu, a senior crude analyst at Kpler, has said that China’s state-owned and major private refiners have purchased about 13 cargoes of Russian crude […]
The number of trucks being utilized under the TIR system (International Road Transport) from the China-SCO Regional Trade and Economic Cooperation Demonstration Zone in Qingdao, to SCO countries has increased by 134.3% in 7M 2025 compared to last year, according to the zone. The value of goods transported by these vehicles also increased, amounted to
China – Shanghai Cooperation Organisation TIR Truck Use Increases Read More »
The alignment of China’s Belt and Road Initiative (BRI) and the Eurasian Economic Union (EAEU) is boosting connectivity across Eurasia and creating new opportunities for regional development, according to Kyrgyz economist Iskender Sharsheev. His comments came as the Eurasian Intergovernmental Council, an EAEU body, met in Kyrgyzstan’s Issyk-Kul region last Thursday and Friday (August 14/15).
The Eurasian Economic Union: A Key Part of China’s Belt & Road Initiative Read More »
The Maritime Board of Russia, which celebrates one year since its establishment on August 13, 2025, is focusing its work on the implementation of strategic international transport projects—the Transarctic Transport Corridor (TTC) and the North-South International Transport Corridor (ITC), according to Nikolai Patrushev, Assistant to the President and Chairman of the Board. Patrushev said that
Russia’s Maritime Board Reconfigures the Transarctic Transport Corridor Read More »
Russia’s RusTrans Group marine container line has increased capacity for its service between Chinese ports and the Global Ports Far Eastern terminal (part of Russia’s Delo Group). The Global Ports Far Eastern Terminal is one of the largest terminals in the Russian Far East. It’s part of the Vostochnaya Stevedoring Company (VSC) and has a
RusTrans Shanghai – Wrangel Bay Shipping Services to Double Read More »
In July 2025, China’s exports jumped more than what experts thought. Instead of the expected 5.4% rise, there was a 7.2% increase, reaching $321.8 billion. It looks like suppliers wanted to ship more goods because they were preparing for extra servings of US tariffs. This might help explain why there’s been a noticeable rise in
China Keeps Boosting Trade, Just Not With The US Read More »
The regional Ukraine conflict, initially a European issue, has now evolved into a new, generally unacknowledged phase that is revealing in its geographic spread and aims – it has morphed into a global economic war, essentially pitting the European Union and the United States against the rest of the world. Both are demanding compliance with
The European Union’s Coming Economic War Versus The BRICS Read More »
Brazil will discuss a response to US President Donald Trump’s tariffs with other BRICS nations, Brazilian President Luiz Inacio Lula da Silva has stated. Lula said he will reach out to other BRICS nations and discuss how to tackle the tariffs. In addition, he said he would reach out to his Chinese and Indian counterparts,
The regional Ukraine conflict, initially a European issue, has now evolved into a new, generally unacknowledged phase that is revealing in its geographic spread and aims – it has morphed into a global economic war, essentially pitting the United States against the rest of the world. It is essentially demanding tributes from its allies, such
The BRICS Economic War vs The United States & Europe Read More »
The supervisory board of Russia’s Rosatom Group has given the greenlight to raise foreign financing, and work is underway on preparing the issue of Chinese RMB Yuan bonds and Islamic Sukuk bonds. The China bonds could manifest themselves as the so-called ‘Panda Bonds’, being Chinese renminbi-denominated bond from a non-Chinese issuers, sold in China. These
Russia’s Rosatom To Seek International Financing Via China & Islamic Bonds Read More »
Русский