Russia seeks $200 billion of trade with China in 'no limits' partnership

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Russia is aiming for $200 billion of trade with China as it backs 'no limits' partnership with Beijing

Russia is aiming for $200 billion of trade with China this year as it seeks to take its partnership with the Beijing to a"new level," officials said.in 2022, according to data from the Chinese General Administration of Customs.

"We are convinced that the potential for Russian-Chinese bilateral cooperation is still far from exhausted," Russia's foreign ministry said, per a The ministry added that the partnership with China would"significantly deepen" and reach"no limits." Before Russia invaded Ukraine in February 2022, the two countries firstSince the war began, Russia has leaned heavily on China.

Russia also began purchasing the Chinese yuan, after sanctions shut it out from global transactions in the US dollar and euro. The yuan now

 

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