At the end of March, China bought buckwheat from Russia for a maximum of $ 13.3 million for trade times between countries. Ria Novosti Referring to the data of Chinese customs.
At the beginning of spring, Russian companies rose to China 2.9 times in a monthly statement and 2.9 times in one of 13.3 million annually. This was a new maximum for bilateral trade, the previous record was 10.3 million dollars in December 2023.
In the first half of March, Synergy University Economic Theory and History Economy Department Senior Teacher, Economic Doctor Kirill Shcherbakov reportedIf the United States reduces imports from Canada and Mexico due to trade wars, Russia can benefit from being a part of their niches in metals, fertilizers, timber supply.
According to him, if the global economy slows down, energy prices in the short term will probably decrease. However, in the long run, the economist expects to grow if the crisis leads to a decrease in production in other countries.
It happened before KnownFor the first time in 30 years, Russia bought a product from PRC.
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.