Russia-China trade volume increased by 5.2% in the first quarter compared to the same period of 2023, reaching 56.68 billion dollars. TASS Referring to data from the General Administration of Customs of the People’s Republic of China (GCU).
During the period, the supply from China to Russia increased by 2.6%, reaching 24.43 billion dollars, while the flow of goods increased by 7.3%, reaching 32.25 billion dollars.
Before reported About the problems of the Russian Federation in the supply of components and kits for the assembly of electronics, including servers, laptops and other equipment from China. Chinese banks began rejecting money transfers from Russia. Even the transactions of companies that sign long-term contracts are blocked.
Over the past few months, even banks of friendly countries have significantly reduced the number of transactions with Russia due to fear of secondary sanctions. How can Russia solve the problem? In the material “socialbites.ca”.
Previously recognizedFrom which countries do Russians most often order products of outdated brands?
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.