[5276] Ukraine war: What support is China offering Russia? |
- 日時： 2022/04/16 00:25
- 名前： Henry
ID:KsSN97Xw
Chinese President Xi and Russian President PutinIMAGE SOURCE,GETTY IMAGES
Russia is seeking allies to soften the impact of economic sanctions imposed by some countries in response to its invasion of Ukraine.
President Putin has said that Moscow will "redirect" its energy exports to "rapidly growing markets" elsewhere.
China has sought to remain neutral on the conflict, calling for a peaceful solution. But it has yet to condemn the Russian invasion and has criticised western sanctions.
China's trade with Russia has been growing
Bilateral trade with Russia surged in the first quarter of the year, rising by 28% from the previous year, according to Chinese customs data.
In March, after Russia launched its invasion, overall trade between the two countries rose over 12% from a year earlier.
China accounted for around 18% of Russia's overall trade in 2021 - almost $147bn (£110bn) last year .
During President Putin's visit to Beijing in February for the Winter Olympics, the two countries said they would boost trade to $250bn by 2024.
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