Author Name: Dion Suen

China-Russia trade rose 3.4% on a yearly basis during Q1, China imported $16.2 billion in goods from Russia. The fastest growth rate among China’s major trading partners, with a 17.3% increase year-on-year. Chinese exports to Russia declined 14.6% to $9.15 billion.

According to Russian Report, Chinese and Russian transport authorities may allow more freight trucks to pass through border checkpoints under proper epidemic control and preventions measures to relieve a backlog at the border.

The Russian transport authority hopes China could significantly resume throughput at the border ports, Suifenhe started to clear 30 trucks a day instead of 10 last week from Monday.

Source: http://ow.ly/jEeG50zNgeU