"Beijing and Moscow pledge to strengthen their relations after visit by Russian prime minister. China has been Russia's largest trading partner for 15 consecutive years. Trade between the two countries reached nearly $245bn in 2024, rising 1.9 percent year-on-year."
"But commerce between the pair has taken a hit in recent months, following pressure exerted by Donald Trump. list of 3 itemsend of list The US president has imposed sanctions and secondary tariffs on Moscow and its business partners in what he says is an attempt to end the war in Ukraine."
"Russia and China are now pledging a joint response against what they say are unilateral sanctions. Can they succeed?"
Beijing and Moscow pledged to strengthen relations after a visit by the Russian prime minister. China has been Russia's largest trading partner for 15 consecutive years. Bilateral trade reached nearly $245bn in 2024, up 1.9 percent year-on-year. Recent commerce has weakened following pressure exerted by US President Donald Trump. The US has imposed sanctions and secondary tariffs on Moscow and its business partners, framing those measures as efforts to end the war in Ukraine. Russia and China are pledging a joint response to what they call unilateral sanctions, raising questions about the scope and effectiveness of their cooperation.
Read at www.aljazeera.com
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