SCO & BRICS latest news and insights
About 92 percent of trade settlement between Russia and China is now conducted in Russian rubles and Chinese yuan, Russian Deputy Prime Minister Alexei Overchuk said at the Boao Forum for Asia in South China's Hainan Province.
He also said that Russia hopes to strengthen financial ties with other...
China's two-way trade with Russia reached a record value of $240 billion, while Russia’s export trade value with Asia rose significantly in 2023.
"Actually, we have seen the trend of Russian brands entering the Asian market since 2014," said Vadim Tylik, CEO of RMAA, a cross-border marketing agenc...
March marked the 17th consecutive month that the People's Bank of China (PBOC) has been purchasing gold. The PBOC has been instrumental in setting new records for the precious metal. In the first month of spring, China's gold reserves, stored in the basements of the RVOS, increased by 0.2% to reach...
The Ministry of Finance has reported a significant increase in budget revenues during the first quarter of this year. Both non-oil and gas revenues, as well as revenues from the sale of oil and gas, are growing. Additionally, the latter has shown phenomenal growth. What is contributing to the Russia...
Russia and China are strengthening their partnership. During a meeting in Beijing,the Russian Foreign Minister Sergei Lavrov and his Chinese counterpart Wang Yi discussed joint efforts to counter Western sanctions and the creation of alternative international institutions in the fields of economics...
By Rhod Mackenzie
The Chinese Premier Li Qiang stated on Sunday that Beijing expects Washington to maintain fair competition and open cooperation, and avoid politicizing trade and economic issues.
Li Qiang met with US Treasury Secretary Janet Yellen at the Great Hall of the People in Beijing on S...
