SpaceWar.com reports: “Trade between China and Russia reached a record high last year, official data showed Monday, reflecting strong economic ties between the countries despite Western sanctions on Moscow.
Combined imports and exports with Russia totalled $244.8 billion in 2024, according to figures published by China’s General Administration of Customs, up slightly from $240.1 billion in 2023.
Last year’s uptick brought trade between the large neighbouring countries to a historic high, though it represented much slower growth than the 26.3 percent year-on-year surge recorded the year before last.
Political and economic ties between Beijing and Moscow have deepened since Russia’s invasion of Ukraine in early 2022, drawing extensive criticism from the United States and other Western nations, which have implemented tough sanctions in response.
China has sought to position itself as a neutral party in the crisis and has repeatedly declined to condemn Moscow’s invasion…”
The post China saw record trade with Russia in 2024: customs data appeared first on JVIM.
Leave a Reply