China-Russia Trade Faces Increased Pressure From Outside, But Remains Stable
/ Go to the mediabankPresident of Russia Vladimir Putin and President of China Xi Jinping during a ceremony of exchanging documents after Russia-China talks.
/ Go to the mediabank
Since the beginning of the year, Russia-China bilateral trade has faced even greater pressure from outside, but remains stable, Chinese Ambassador to Russia Zhang Hanhui said in an interview with Sputnik during the 9th Russia-China EXPO in Yekaterinburg. In 2024, bilateral trade, having overcome the influence of numerous unfavorable factors, generally maintained the trend of stable growth with an increase in quality, once again reaching record levels, which fully demonstrated the sustainability and viability of Chinese-Russian trade and economic cooperation,” Chinese Ambassador to Russia Zhang Hanhui said. “Since the beginning of this year, Chinese-Russian trade has been facing more complex external factors and pressure. But thanks to the joint efforts of both sides, bilateral trade has generally remained stable, and its quality continues to improve. The parties will continue to strengthen coordination and interaction, and unleash the potential of cooperation to ensure stable growth of bilateral trade,” the ambassador added. According to China’s General Administration of Customs, trade between Russia and China amounted to $244.81 billion in 2024. The ninth Russia-China EXPO kicked off in Yekaterinburg on Monday and will run until Thursday.
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