Source link Trade turnover between Russia and China continues to grow at an unprecedented pace, hitting a historic high in November despite the pressure of Western sanctions. According to Chinese customs datatrade volumes with Russia increased by 26.7% in the first 11 months of 2023, amounting to a record $218.17 billion. In November alone, trade […]
Source link The two countries have been ramping up economic cooperation in the face of Western pressure The volume of trade between Russia and China continues to grow and is expected to reach $300 billion by the end of this decade, Russian First Deputy Prime Minister Andrey Belousov has said. Speaking at a meeting of […]
Source link 95% of trade between the countries is now settled in their national currencies, according to Andrey Belousov Western currencies have been almost completely phased out in Russia-China trade, as nearly all payments between the countries are now carried out in rubles and yuan, Russian First Deputy Prime Minister Andrey Belousov announced on Monday. […]