Russia China trade

Russia to price China’s gas at record 56% below other export prices

Russia’s discount on natural gas supplied to China through the Power of Siberia pipeline will reach a record high in 2026, The Moscow Times reports.

20 October, 05:57 PM

Russia owes China $169 billion as sanctions deepen Beijing’s financial leverage

Economies cut off from Western capital markets by sweeping sanctions account for nearly a third of Beijing’s total debt portfolio, according to World Bank and Yahoo Finance data published by Data Explained.

4 October, 11:51 AM

Russia weighs trillion-ruble railway megaproject to China

Russian authorities are discussing a trillion-ruble megaproject to build a new railway to China to speed up the shipment of raw materials from Siberia to the Chinese market, The Moscow Times reported on September 8.

9 September, 01:29 PM

China lures Russian Far East businesses with lower taxes, 3% loans

Companies operating in Russia’s Far Eastern Federal District have begun registering in China because of high taxes and expensive credit. Alexander Kalinin, head of the Opora Rossii business organization, described the trend in a report by The Moscow Times.

4 September, 12:27 PM

Kremlin sees little hope for China deal on Power of Siberia 2 pipeline

The Kremlin sees little prospect of reaching an agreement with China on building the Power of Siberia 2 gas pipeline.

2 July, 06:56 PM

Russia to issue 10-year yuan-denominated government bonds

The Russian government is planning on issuing federal loan bonds denominated in Chinese yuan, Interfax Russia wrote on May 21.

22 May, 01:00 PM

U.S. extends Russian oil transit to China, keeping a key sanctions loophole open

The U.S. Treasury Department’s Office of Foreign Assets Control has extended a license allowing the transit of Russian oil to China through Kazakhstan until March 19, 2027, Interfax reported, citing Kazakhstan’s Energy Ministry.

1 April, 10:50 AM

China-Russia trade falls for first time in five years

Chinese trade with Russia declined in 2025 from the record level set in 2024, marking the first annual drop in five years, Reuters reported on Jan. 14.

14 January, 02:23 PM

China cuts down on Russia’s raw-material supplies

In 2025, for the first time since the Russia-Ukraine full-scale war outbreak, trade between Russia and China began to decline — despite having served as a “lifeline” for the Russian economy under sanctions, The Moscow Times wrote on Jan. 8.

9 January, 01:02 PM

Russia’s LNG dreams hit by sanctions

Russia is facing major setbacks in its liquefied natural gas (LNG) ambitions and is unlikely to meet its previously announced plans to triple production and capture 20% of the global LNG market, Bloomberg reported on Dec. 25.

26 December 2025, 11:13 AM

Kazakhstan may halt Russian oil flow to China over U.S. sanctions on Rosneft

Kazakhstan may be forced to suspend pipeline deliveries of Russian oil to China after the United States imposed sanctions on Rosneft, The Moscow Times reported on Dec. 3.

4 December 2025, 11:22 AM

Chinese refiners shunning Russian oil deliveries after U.S. sanctions

Chinese oil refineries are steering clear of Russian supplies after the United States and allies blacklisted major Russian producers and some clients, Bloomberg reported on Nov. 3.

3 November 2025, 02:07 PM

China’s trap for Putin: Russia forced to issue first-ever yuan bonds — Reuters

Russia is preparing to issue domestic bonds denominated in Chinese yuan for the first time — a move aimed at absorbing the vast yuan liquidity accumulated by exporters and banks from energy sales to China, Reuters reported on Oct. 31.

1 November 2025, 08:06 PM

China's newest refinery boosts Russian oil imports after sanctions

China's Shandong Yulong Petrochemical plans record Russian oil imports of up to 405,000 barrels per day in November to offset sanctions-driven supply cuts, Reuters reported on Oct. 28.

28 October 2025, 08:28 PM

U.S. sanctions on Rosneft, Lukoil hit China's oil market

U.S. sanctions against Russian oil companies Rosneft and Lukoil have sparked concerns in China, where state and private refineries are scrambling to maintain supplies while dodging potential penalties, Bloomberg reported on Oct. 23.

23 October 2025, 06:37 PM

EU readies new sanctions targeting Russian banks, oil trade and arms suppliers, eyes tool against Kazakhstan

The European Union is preparing a new round of sanctions against Russia, targeting around 15 of the country’s banks and energy companies in a bid to ramp up pressure on Russian dictator Vladimir Putin and force an end to the war in Ukraine, Bloomberg reported on Sept. 8.

8 September 2025, 12:28 PM

Trump hints at tariffs on China for buying Russian oil

Additional tariffs may be imposed on China over its purchases of Russian oil, U.S. President Donald Trump said at the briefing in the White House on Aug. 6.

7 August 2025, 11:40 AM

Xi Jinping reaffirms China's dominance over Russia, warns Trump - former Ukrainian FM

Chinese leader Xi Jinping’s appearance at the May 9 military parade in Moscow is a calculated signal to both Vladimir Putin and the United States, Volodymyr Ohryzko, former Ukrainian FM and Center for Russian Studies head told Radio NV on May 9.

9 May 2025, 02:30 PM

Even China pulls back: One of its biggest companies shuts profitable Russian mine

In Russia’s Republic of Tuva, one of the region’s largest mining businesses — the Kyzyl-Tashtygsky Mining and Processing Plant, operated by Lunsin LLC — is facing closure. The facility is owned by China’s Zijin Mining Group, one of the largest companies in the People’s Republic, The Moscow Times reported on May 7.

7 May 2025, 06:06 PM

Gazprom and Rusal issue bonds in Chinese yuan

Russian energy giants Gazprom and Rusal have issued bonds denominated in Chinese yuan, while Lukoil has secured a major loan in the Chinese currency, Russian business daily Kommersant reported on March 26.

27 March 2025, 06:55 PM

Russia China trade