In China, announced a record increase in trade with Russia

In China, announced a record increase in trade with Russia

In 2019, trade between Russia and China amounted to 110.75 billion, which is 3.4% more than in 2018. This is evidenced by the data of the Chinese main customs department.

So, China’s exports to Russia last year grew by 3.6% and amounted to $ 49.7 billion, while Russian supplies to China grew by 3.2%, to $ 61.05 billion.

It is also reported that in December 2019, China purchased $ 5.53 billion worth of goods from Russia, while exporting $ 4.88 billion worth of goods.

As MAGNEWS previously reported, Russian President Vladimir Putin called a realistic task to increase trade between Russia and China to $ 200 billion a year. Currently, the relevant departments of Russia and China are preparing a joint action plan to clearly show how long the required figure for goods turnover will be reached.

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