"Strategic Choice": Trade between the Russian Federation and China in 2023 exceeded $ 200 billion - NYT

According to journalists, the PRC continues to play the role of a replacement supplier of goods to Russia, despite the risks associated with strengthening economic ties with different European countries. The volume of trade between Russia and China has exceeded the $ 200 billion in the first 11 months of the current year. This level of the country was not expected to reach by 2024. About it writes The New York Times.

"The preservation and development of Chinese-Russian relations is a strategic choice made by both parties on the basis of the fundamental interests of the two peoples," said the leader of China Xi Jinping during a meeting with Russia's Prime Minister Mikhail Mishustin on December 20. The source reports that China continues to play the role of the main supplier of goods, despite the risks associated with strengthening economic ties with different European countries.

China officials insist that the country should not be elected between Europe and Russia, and that China should be able to freely develop relations with both parties. Chinese car manufacturers have received the most significant profit from increasing trade with Russia. The dealership center, located on the border of China and Russia, which specializes in the sale of trucks, was able to double the sales volume for the past year, largely thanks to Russian customers.