By Olga Samofalova
The well-coordinated actions of Saudi Arabia and Russia to limit the supply of oil have already begun to bear fruit. On the one hand, this has had unpleasant effect on Western countries in the form of rising petrol prices and the risk of recession. On the other hand, the price o...
By Rhod Mackenzie
China's foreign trade grew by 0.4 percent year-on-year in the first seven months of 2023 to 23.55 trillion yuan ($3.28 trillion), data from the General Administration of Customs (GAC) showed on Tuesday.
A relatively higher base, a slowdown in overseas demand and falling commodi...
By Rhod Mackenzie
In the first seven months of this year, China's trade with countries along the China-proposed Belt and Road Initiative (BRI) reached 8.06 trillion yuan ($1.12 trillion), up 7.4 percent year-on-year, data from the General Administration of Customs (GAC) showed on Tuesday.
As the...
By Fan Anqi
China's top diplomat Wang Yi assured Russian Foreign Minister Sergei Lavrov that China will maintain a fair position on the Ukraine crisis, and that China and Russia are "trustworthy and reliable good friends" in a phone call late Monday. In return, Lavrov said Russia appreciates and w...
By Sergei Manukov
Industrial production in Europe's largest economy fell by 1.5% in June compared to May. The powerful German auto industry, unlike in the past, this time pushed the German economy not up, but down - in the first summer month, it recorded a decline of 3.5%.
The recession in Germa...
By Boris Solovyov
The ruble continues to fall, despite analysts' expectations of an increase in the inflow of foreign exchange earnings. The stock market began to ignore the weakness of the ruble.
The moment to buy rubles is getting stronger every day
If you read reviews of Russian investment c...