China boosts its imports from Russia despite the war

Jaime SantirsoFOLLOW, CONTINUE
Updated: 05/09/2022 14:49h
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The
invasion of Ukraine
it has triggered a cascade of sanctions that has severed Russia's trade relations with the West. Not so with the East, where they remain prosperous. The good harmony with China is reflected in the record figure reached by its exports during the month of April.

The companies of the Asian giant acquired Russian goods worth 8,900 million dollars (8,445 million euros), according to data published today by Chinese customs. A jump of 13.3% compared to the previous month and 56.6% in annual terms. This is a sharp rise, especially when total imports have remained stable, largely attributable to rising energy costs globally.

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