According to reports, China’s trade turnover with the Russian Federation increased by 26.3% in 2023, reaching a record level of 240.11 billion dollars. TASSExcerpt from data from the General Administration of Customs of the People’s Republic of China.
According to the Ministry’s data, during this period, exports from China to Russia increased by 46.9 percent, reaching approximately 110.97 billion dollars, and imports of Russian goods increased by 12.7 percent, reaching 129.14 billion dollars.
The positive balance of the Russian Federation in the last 12 months decreased by approximately half compared to 2022, reaching 18.17 billion dollars.
Russian Prime Minister Mikhail Mishustin in December statedIt is stated that Russia and China have started to use national currencies almost exclusively in mutual agreements.
Chinese President Xi Jinping in November aforementionedBeijing is ready to make efforts to deepen relations together with Moscow.
Former NATO Secretary General Jens Stoltenberg statedThat Russia and China are developing increasingly closer cooperation.