Russia has been diverting oil exports from Europe to Asia as the US and its allies try to choke off its energy revenues to limit its ability to fund the Ukraine war
A Washington state official said ‘Beijing claims to be neutral but its behaviour makes clear it is still investing in close ties to Russia’
Xi wants China and Russia to transact more deals in rubles and yuan to insulate the two against future Western sanctions
The effective prices refiners pay could exceed the $60 per-barrel cap that came into effect on Monday
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The marine news publication Lloyd's List said an anonymous entity based in Dalian has bought several very large crude carriers to create the hub off the coast of Portugal
Official lending between 2000 and 2017 totalled more than $125 billion, the FT said, but no deals had been struck this year,
SPB Exchange in St Petersburg began trading in 12 securities whose primary listing is on the Hong Kong Stock Exchange and will provide access to bourse infrastructure
The two countries could enhance cooperation through mechanisms such as the Group of 20, an intergovernmental forum comprising 19 countries and the European Union
Dmitry Kolker, a doctor of physics and mathematics at Novosibirsk State University, was detained on charges of treason, TASS quoted judicial authorities as saying.
US Commerce Department adds 36 companies to heavily restricted Entity List, including five based in China, claiming they continue to support Russian military despite Ukraine war sanctions.
China is the second-largest contributor to Russia's import decline since it invaded Ukraine, says a report by the Peterson Institute for International Economics in Washington.