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Trade Between Russia and China Growing Big Time…

Posted byRussian_Village June 10, 2010June 10, 2010 1 Comment on Trade Between Russia and China Growing Big Time…

Looks like the trips by Putin and Medvedev have paid off with China:

Russia-China trade reached $4.75 billion in May, showing an increase of 55.8% against the same month last year, the Chinese customs authorities said on Thursday.

Russia’s exports to China demonstrated a 57.4% increase and reached $2.551 billion, while China’s exports increased by 53.8% totaling $2.2 billion.

Since the beginning of the year, China’s imports from Russia totaled $11.693 billion and exports $9.316 billion.

Russia’s share in China’s overall foreign trade in January-May this year, which totaled $1.1 trillion, amounted to 1.9%.

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Posted byRussian_VillageJune 10, 2010June 10, 2010Posted inRussian NewsTags: China, Export, Russia, Russia and China, Russian

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