Russian companies, as the goods from the Russian Federation receive good demand there, they greatly expand their assets in the Chinese market. This was reported by the agency Bloomberg.
“For the sale of Russian goods, stores have spread to China and now Moscow has benefited from this interest, plans to expand their own large scale. Simple Chinese are warmly related to Russia …” – Bloomberg, Tao Vana, a researcher in the Chinese political economy at the University of Manchester.
In 2024, the turnover between the Russian Federation and China reached $ 245 billion, which was exported $ 129 billion. Copper concentrate, natural gas and nuclear fuel exports have grown in particular.
Before that, Russian President Vladimir Putin reportedThe trade and economic relations between the Russian Federation and China rapidly improve and show immunity to external challenges and crisis phenomena.
For 13 years, the President remembered that Beijing was Moscow’s main trade partner. In 2023, Russia rose to the fourth place in the ranking of the commercial parties in China.
Previous Chinese Companies divided Among themselves, Russian automobile market.
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.