Russia-China trade up almost 40%
Business
- 07 March, 2022
- 06:18
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From January through February, the trade between Russia and China rose by 38.5% year-on-year, reaching $26.43 billion, China's main customs authority said.
According to the published data, export to Russia grew by 41.5% in two months, making around $12.62 billion, while the import of Russian goods and services increased by 35.8% to $13.81 billion.
Russia's positive balance reached $1.19 billion from January through February, rising by 26.3%.
Despite complicated and unpredictable external factors, China's foreign policy situation remains stable, a representative of China's customs said, linking it to China's economic resilience.
He added that the positive tendency would not change in the long run.
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