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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 June 23, 2024

Interview With The Russian Union of Industrialists and Entrepreneurs on Cooperation Between Russian Businesses in China and India

Russia’s Kommersant newspaper has interviewed Vitaly Mankevich, the Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RASPP) nd discussed the relationships between Russian businesses in China and India. We feature the interview below:  What is the current situation with receiving payment from Russian legal entities in Chinese banks? “Briefly describing the situation is quite […]

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June 19, 2024

Russia’s Alfa Bank To Establish Offices In Beijing and Shanghai

Alfa Bank, Russia’s largest private lender, has applied to the Chinese authorities to open offices in Beijing and Shanghai. The bank is aiming to become the first private Russian bank to open fully-fledged branches in China, and comes after it recently expanded its client support services for Chinese businesses. Alfa Bank said it is already […]

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June 14, 2024

Russia – North Korea 2024 Trade & Security Developments

Update June 18: As we predicted, Russian President Vladimir Putin will meet Kim Jong-Un, the President of North Korea, with the dates now confirmed for June 18th/19 in Pyongyang. According to the Kremlin, the Russian delegation will also include Foreign Minister Sergey Lavrov, First Deputy Prime Minister Denis Manturov, Defense Minister Andrey Belousov, Health Minister […]

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June 14, 2024

The Chinese RMB Yuan Becomes Russia’s Currency Valuation Baseline: The Implications For The US Dollar and Euro 

In response to Wednesday’s (June 12) US sanctions concerning the provision of services to Russia for trading US dollars or Euros, the Bank of Russia has stated that the Chinese RMB Yuan / Russian Ruble exchange rate will now be the baseline from which other currency pairs, including for the euro and the dollar, will […]

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June 11, 2024

Eurasian Economic Union, China, Integrate Digital Regional Trade Connectivity 

In a major trade step forward, the Eurasian Economic Union (EAEU) and China have agreed to implement vital elements of cooperation in trade digitalisation, making mutual trade flows increasingly transparent and effective. The impact will further increase multilateral trade throughout China, Russia and the Eurasian landmass. Russia’s Minister of Trade of the Eurasian Economic Commission, […]

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June 1, 2024

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

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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May 31, 2024

Vladivostok Port Expanding International Shipments

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
May 29, 2024

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

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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