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TRADE TURNOVER BETWEEN CHINA AND RUSSIA INCREASED BY 29% AT $ 97.71 BILLION

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RUSSIA AND CHINA - TRADE TURNOVER PEAKS A THIRD IN 7 MONTHS amit rao The trade turnover between China & Russia increased by 29 % standing at $ 97.71 billion. In 7 months in 2022, the trade turnover between China & Russia increased by around 29 % that in currency value is at $97.71 billion reports RIA Novosti from the data of Main Customs Administration of the PRC. China’s this year compared to the previous, at the same time frame then, 5.2% more imports which is worth $36.26 billion from Russia. Russia’s exports to China grew to $61.44 billion recording increase by 48.8 percent. The trade turnover between Russia and China in June estimates $16.79 billion, which accounts export from Russia at $10.02 billion and China’s imports at $6.77 billion. In the previous year, 2021, China-Russia trade grew by 35.8 percent recording 146.89 billion. In 2018, trade between China and Russia exceeded, first time ever to $100 billion, and that made the two leaders, Vladimir Putin a...