Russia’s Ambassador to China, Igor Morgulov, said that Russia and China will exceed the $200 billion trade turnover “by a margin”. DEA News.
He explained that the unstable economic situation in the world meant additional difficulties for any calculations, and many experts predicted a global recession this year.
“But overall, you can be sure that we will exceed the $200 billion target that our leaders have set, and I think we will surpass it by a large margin,” Morgulov said.
While the PRC Main Customs Administration recorded that in 2022, trade with Russia increased by 29.3% to reach 190,271 billion dollars, Russian President Vladimir Putin and Chinese President Xi Jinping set the bar as 200 billion dollars in a meeting.
formerly Bloomberg reportedChina has increased its oil imports from Russia.