China Reaffirms Ties With Russia As Mutual Trade Surges

China Reaffirms Ties With Russia As Mutual Trade Surges

Mutual trade between Russia and China surged in March in response to Western sanctions. According to Chinese customs data, Russian-Chinese trade rose to an equivalent of $38.2 billion last month, which is a 28 percent increase from a year ago.

China’s imports from Russia rose by 31 percent and Chinese exports to Russia increased by 25.9 percent. This came after Moscow and Beijing unveiled a new payments system based off national currencies instead of the US dollar. China also reaffirmed its commitment to quote “rock solid” economic relations with Russia.

 

China Reaffirms Ties With Russia As Mutual Trade Surges

Verizon to Launch 5G Internet for Businesses

Verizon Wireless is looking to launch their brand new 5G…

UK Considers ‘Britcoin’

Britain is exploring the idea of producing a digital currency…

Taiwan Seeking Long-Range Cruise Missiles

Taiwan is trying to acquire long-range cruise missiles from…