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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.

Featured July 5, 2024

Russia-Mongolia-China Economic Corridor To Be Developed

Russia’s Foreign Minister Sergei Lavrov has held trilateral meetings with Chinese Foreign Minister Wang Yi and Mongolian Foreign Minister Batmunkh Battsetseg on the sidelines of the Shanghai Cooperation Organization Council of Heads of State meetings in Astana.  The Russian Foreign Ministry said that “During a substantive conversation, they exchanged views on enhancing trilateral cooperation in […]

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Featured July 4, 2024

Xi, Putin, Want Pricing Agreement On Power of Siberia 2 “As Soon As Possible” and Instruct Gazprom and Sinopec To Make A Deal

Russian President Vladimir Putin met with Chinese President Xi Jinping on the sidelines of the Shanghai Cooperation Organization summit in Astana yesterday (July 3), and have instructed the two countries’ responsible companies to agree on the terms of gas supply via the Power of Siberia 2 pipeline “as soon as possible,” according to Russian Deputy […]

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July 4, 2024

Shanghai Cooperation Organisation Heads Of State Meetings Begin In Astana

Putin, Xi, Modi and other regional leaders are all attending The annual Heads of State meetings of the member countries of the Shanghai Cooperation Organisation (SCO) has begun in Astana, Kazakhstan. The SCO has different categories of membership, with full members being China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia Tajikistan and Uzbekistan. Three countries — […]

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July 1, 2024

Yakutia To Revive Skovorodino Railway With Connections Through To North China 

Yakutia Railways has proposed the restoration of the Skovorodino – Reinovo railway, which would connect with the Russian Railways network and the Russia-China border crossing at Dzhalinda and Mohe in China’s Heilongjiang Province. That in turn links directly to the provincial capital Harbin, with onward links to Beijing and the Chinese national rail system. Mohe […]

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June 28, 2024

Russia-China Financial Logistics Being Carried Out By Smaller Regional Chinese Banks With Limited Western Business Exposure

Russia’s trade with China has been hampered by the impact of financial sanctions upon Russia, including not just its banks but also its SPFS payment system, which operates as an alternative to SWIFT. The United States and EU have threatened additional sanctions on any bank that conducts financial trade with Russia or connects to its […]

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June 28, 2024

Russia, Kazakhstan and China Sign Agreement For A Digital Container Transport Platform

Russia, Kazakhstan and China are to conclude an Agreement for the creation of a Unified Digital Platform (ECP) for container transportation in order to optimize freight transport on the route connecting the three countries. The document is scheduled to be signed at the next meeting of the  Kazakh-Chinese Business Council at the beginning of next […]

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June 25, 2024

Chinese Premium Auto Brand Takes Over Mercedes Benz Plant Near Moscow

The former Mercedes-Benz plant in Yesipov near Moscow will begin mass production of China’s Exeed cars, the premium brand of Chinese automaker Chery under a contract assembly agreement starting in July. Mercedes-Benz exited the Russian market in April 2023, selling their shares in the Yesipov factory to the Russian local car dealer Avtodom. Interestingly, Mercedes-Benz […]

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June 24, 2024

The Proposed Kuragino-Kyzyl Railway Could Extend To Western China

The delayed Kuragino-Kyzyl railway line, which is planned to run from Krasnoyarsk Krai to Tuva in south-eastern Russia, close to the border with Mongolia, has been proposed to be constructed and now extended to Urumqi, the capital of China’s Xinjiang Province. The announcement was made by Vladislav Khovalyg, the head of the Republic of Tuva, […]

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