Russia

Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, customs data showed Tuesday, as Beijing offers an economic lifeline to an increasingly isolated Kremlin.China isRussia's largest economic partner, with trade between them reaching a record $190 billion last year.In May, China imported 9.71 million tonnes of oil fromRussia, Beijing said, more than double the amount from February 2022.The figures reflect a broader deepening of economic ties between the countries, with overall trade in May soaring to levels not seen since Moscow's invasion of Ukraine.They also occur in the context of China's rebounding economy, following the end of strict zero-Covid measures late last year that had bitten into energy demand.During a summit in March, Chinese leader Xi Jinping and Russian President Vladimir Putin pledged to boost trade to $200 billion in 2023 as they hailed their "no limits" partnership.Russian energy deliveries to China this year are set to grow by 40%, Deputy Prime Minister Alexander Novak said last month.Russia's gas exports plummeted in 2022 after a flurry of Western punishments over Moscow's offensive in Ukraine.Speaking aboutRussia's economy this month, Putin said the second quarter of last year had been "the most difficult" after unprecedented sanctions.As Europe looked for other energy suppliers, Moscow turned to alternative buyers including China, with which it is already linked by the Power of Siberia pipeline.After his talks with Xi, Putin said that "all agreements have been reached" on the massive new Power of Siberia 2 project.That pipeline could facilitate the transport of 50 billion cubic meters of natural gas to China annually, roughly on par with the total capacity of the abandoned Nord Stream 2 project fromRussiato Germany.Moscow is confident that the new pipeline will go ahead, but Beijing has so far avoided an explicit commitment.China andRussiahave in recent years ramped up economic cooperation and diplomatic contacts, with their strategic partnership growing closer since the invasion of Ukraine.Beijing says it is a neutral party in the war, but has been criticized by Western countries for refusing to condemn Moscow and for its ties withRussia.Analysts say China holds the upper hand in the relationship withRussia, and that its sway is growing as Moscow's international isolation deepens.In February, Beijing released a paper calling for a "political settlement" to the conflict, which Western countries said could enableRussiato hold on to much of the territory it has seized.During their March summit in Moscow, Xi invited Putin to visit Beijing and the two leaders declared that ties were "entering a new era."And last month, the Chinese leader offered his "firm support" on Moscow's "core interests" at a meeting with Prime Minister Mikhail Mishustin, during the highest-level visit by a Russian official to China since the Ukraine invasion.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Russia Claims New Village in Ukraine’s Donetsk Region


[Russia] - Moscow Blames Sanctions for Russia-UN Food Deal Collapse


[Russia] - Russia Says Foreign Minister Lavrov Met Kim Jong Un


[Russia] - Ukraine Says 6 Killed in Massive Russian Drone, Missile Attack


[Russia] - Conference Seeks Solidarity Among Indigenous Peoples of Russia, Ukraine and Central Asia


Russia and Belarus to Develop AI Rooted in 'Traditional Values'


[Russia] - Russia's FM Lavrov Arrives in North Korea


Russia Orders Closure of Polish Consulate in Kaliningrad


[Russia] - Elite Russian Marine Unit Commander Reportedly Killed in Ukrainian Missile Strike


Russia Nationalizes Country’s Third-Largest Gold Producer


[Russia] - Russia Weighs Scrapping Its Only Aircraft Carrier After Years of Restoration Delays


Border Defense Fraud Probe Targets Belgorod Region Officials – Kommersant


[Russia] - Dutch Court Sentences Russian to 3 Years for Sharing Microchip Technology


Peskov Defends Russia’s Media Crackdown as Part of ‘Information War’


[Russia] - Starovoit Buried at Historic St. Petersburg Cemetery Days After Suspected Suicide


[Russia] - Ukrainian Attacks on Western Russia Kill At Least 3


[Russia] - Russian Military Personnel Costs Hit Record High-- Analysis


[Russia] - St. Petersburg Court Drops 'LGBT Propaganda' Case Against Popular Bookstore


[Russia] - Russian Police Offered Bonuses to Recruit Detainees for Ukraine War-- Vyorstka


[Russia] - Ukrainian Attack on Belgorod Region Kills 2, Governor Says


[Russia] - Russian State Media Turns on Trump After Putin Criticism


[Russia] - Putin Skips Memorial Service for Ex-Transportation Minister, Sends Wreath Instead


[Russia] - 'We Are Being Held Without Protection': North Caucasus Women Decry Dire Conditions in Kurdish-Run Syrian Camps


[Russia] - Rubio and Lavrov Held 'Frank Exchange' on Sidelines of ASEAN Summit, Moscow Says


[Russia] - Moscow Swelters in Heat Wave After Powerful Storms Batter the City


Nizhny Novgorod Region Rolls Back Migrant Work Ban Amid Labor Shortages


[Russia] - Russian Basketball Player Arrested in France at Request of United States


Gelendzhik Airport to Reopen More Than 3 Years After Wartime Closure


[Russia] - Moscow Theatre Director Questioned in Large-Scale Embezzlement Probe


Russia Adds Entrepreneur Kidnapped at Moscow Train Station to ‘Terrorists and Extremists’ List


[Russia] - Death by Falling: A Timeline of Cases Across Russia and Abroad


[Russia] - Russia to Launch Direct Flights From Moscow to North Korean Capital on July 27


Crimean Woman Fined Over $1K for Posting Photos of Men in Wedding Dresses Online


[Russia] - Leading European Court Rules Russia Committed Rights Abuses in Ukraine, Downing of MH17


[Russia] - Rangers Kill 11 Brown Bears Lured by Food Waste in Russia's Far East


Russia Reopens Embassy in Tehran 2 Weeks After Israel-Iran Ceasefire


[Russia] - Kremlin Brushes Off Trump's 'Tough Talk' and Claims 'No Disagreement' on Ukraine Negotiations


[Russia] - Foreign Minister Sergei Lavrov to Visit North Korea This Weekend


[Russia] - Russian Lawmakers Greenlight Restoration of FSB-Run Prison Network


[Russia] - FSB Agents Shoot and Kill Man Accused of Planning Bridge Bombing in Saratov Region


[Russia] - Russian Military Launches Largest-Ever Air Attack on Ukraine


Ukrainian Drone Attack on Kursk City Beach Kills 4, Governor Says


[Russia] - Russian Broadcaster RTVI Starts Airing in Mali


[Russia] - Trump Accuses Putin of Talking 'Bulls ***' on Ukraine


[Russia] - Russia Plans USAID-Inspired Development Model in Bid to Extend Global Influence


FSB Accuses Ex-Independent Media Manager of Treason


Russia Blacklists Yale University as ‘Undesirable’ Organization


[Russia] - Ignore Donald Trump's 'Political Seesaw,' Russia's Medvedev Says


Russian Military Drone Crashes Into Dacha in Republic of Tatarstan


Nadezhdin Campaign Manager Stripped of Russian Citizenship


Who Was Roman Starovoit, the Sacked Transportation Minister Found Dead in Apparent Suicide


[Russia] - Russian Tour Companies Introduce Trips to Taliban-Ruled Afghanistan for $3K


Lavrov Names Sanctions Relief and Return of Frozen Assets as Preconditions for Ukraine Ceasefire


[Russia] - Former Russian National Guard Official Arrested on Bribery, Abuse of Power Charges


[Russia] - Black Sea Oil Spill Reaches Abkhazia's Shores


[Russia] - Russian Anti-Terrorism Police Warn of Foreign Spying Disguised as Photo Contests


Russian Army Says It Seized First Village in Ukraine’s Dnipropetrovsk Region


[Russia] - Former Transportation Minister Roman Starovoit Found Dead With Gunshot Wound After Being Sacked by Putin


[Russia] - Russia Targets Emigres in Kazakhstan With Back Tax Demands


Ukrainian Drone Attacks Trigger Major Flight Disruptions at Russia’s Busiest Airports


[Russia] - New Details Emerge in Bribery Case Against Rusagro Founder


[Russia] - Far-Flung Kamchatka Peninsula Restricts Mobile Internet to Thwart Alleged Ukrainian Sabotage


Rosstat Stops Publishing Monthly Population Data Amid War Deaths, Demographic Crisis


[Russia] - Russian Gold Mining Tycoon Barred From Leaving Country Amid Nationalization Efforts


Putin Sacks Transportation Minister Roman Starovoit


[Russia] - Ukraine Says 4 Killed, Over 30 Wounded in Russian Strikes


Russia Says Captured 2 More East Ukraine Settlements in Donetsk and Kharkiv Regions


UN Condemns Russia's Largest Drone Assault on Ukraine