China-Russia Trade Reaches New High With Over 40% Jump – CNN


Bilateral trade between China and Russia reached a new peak in 2023, rising more than 40% between January and May, as compared to the same period last year, CNN reported, citing data from China’s General Administration of Customs.

Trade between the two countries was worth more than $93.8 billion, the report said. Chinese exports to Russia saw a 75.6% jump during the period, compared to 2022, the report added. The data highlights how Beijing has maintained its ‘no limits’ partnership with Moscow, despite Western criticism in light on Russia’s invasion of Ukraine.

Read the full report: CNN.


Also read:


China, India Imports of Russian Oil Surge to Record Highs


China Drops Dollar for Yuan in $88bn Russia Commodity Trade


China’s Yuan is Now the Most Traded Currency in Russia


Shipments of Russian Gold to UAE Soar Since Ukraine War


Russia Gives China Access to Vladivostok After 163 Years – TC


Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at

Recent Posts

Baidu Says AI Chatbot ‘Ernie’ Has 200m Users A Day

'Ernie Bot' is China’s most popular chatbot. Baidu earned several hundred million yuan using AI…

8 mins ago

Nissan Eyes Solid-State EV Battery Breakthrough by 2029 – AP

While rivals claim to be further ahead in the race to develop the next generation…

1 hour ago

China Sees Surprising GDP Growth, But Weak Demand in March

China saw 5.3% growth in the first quarter, well over analysts' expectations, but data on…

2 hours ago

Nikkei, Hang Seng Slide as US Data Dashes Rate Hopes

Escalating tensions in the Middle East and the threat of open conflict between Israel and…

2 hours ago

China Providing 90% of Chips Used in Russia, Despite Sanctions

A new report, by chip expert Chris Miller, said shipments from China accounted for 88%…

3 hours ago

Apple iPhone Sales Slump 10%, Samsung Claims No1 Spot

Samsung, which launched its latest flagship smartphone Galaxy S24 series at the beginning of the…

19 hours ago