🇨🇳🇷🇺 China's exports to Russia grow at quickest pace in 11 months
China's exports to Russia in October rose 24.4% from a year earlier, the fastest pace since November last year, Chinese customs data showed on Thursday, as Beijing affirmed strong ties with Moscow.
China's imports from Russia, however, fell 4.3% last month from a year earlier, narrowing from the decline of 9.2% in September, as payment issues disrupted trade transactions.
In the first 10 months of 2024, China-Russia two-way trade value has hit 1.4 trillion yuan, up 4% year-on-year, the customs data showed.
#China #Russia
@asianomics
China's exports to Russia in October rose 24.4% from a year earlier, the fastest pace since November last year, Chinese customs data showed on Thursday, as Beijing affirmed strong ties with Moscow.
China's imports from Russia, however, fell 4.3% last month from a year earlier, narrowing from the decline of 9.2% in September, as payment issues disrupted trade transactions.
In the first 10 months of 2024, China-Russia two-way trade value has hit 1.4 trillion yuan, up 4% year-on-year, the customs data showed.
#China #Russia
@asianomics