Latest News

Showing 10 of 797 articles
  • by

    Return Of The Wild East As Cryptocurrencies Gain A Hold In Moscow-China Trading Malls

    China’s strict capital controls are involuntarily supporting illicit transfers   Chinese importers in Russia are buying up to US$30 million a day of tether (USDT) from Moscow’s over-the-counter trading desks, according to the website Coindesk They use the cryptocurrency to send large sums back to their home country, which has strict capital controls.Previously the merchants used Bitcoin[…..]

  • by

    China To Establish Heilongjiang Free Trade Zone Near Border With Russia

    Harbin To Benefit As China Seeks Russian Manufacturing & Trade Investment Op/Ed by Chris Devonshire-Ellis China’s State Council announced on Monday that they would be establishing six new border free trade zones to further develop trade with neighboring countries. One of these is planned for Heilongjiang Province, in China’s North-East, bordering Russia, and is aimed[…..]

  • by

    Chinese Tourists To Russia Now Spending Over US$1 Billion A Year

    Chinese tourism to Russia has been growing at significant rates, as a more China-friendly infrastructure, such as national use on Union Pay, better signage and a growing nostalgia amongst the older Chinese generation for the Soviet era ties have seen just under 350,000 trips from Chinese tourists to Russia in Q1 this year. Chinese tourists[…..]

  • by

    Eurasian Economic Union To Legally Define & Incentivize Trans-National Eurasian Companies

    Op/Ed by Chris Devonshire-Ellis Step forward to categorize businesses as Eurasian rather than nationally specific, will spur Eurasian M&A boom The Eurasian Economic Union (EAEU) the free trade area between China and the European Union, and lead by Russia, has agreed to the creation of a new legal space for transnational companies. Chairman of the[…..]

  • by

    German Investment Into Russia Highest For Past Ten Years

    Making a mockery of the EU sanctions upon Russia, German businesses invested more than €3.3 billion ($3.7 billion) into Russia in 2018, reaching the highest levels in a decade and exceeding numbers not seen since Russia’s annexation of Crimea in 2014, according to data from the Russia-German Chamber of Commerce. German investment into Russia had[…..]

  • by

    Serbia To Become Route Between Eurasia & Europe As It Signs Off EAEU Free Trade Deal

    Russia and China making trade inroads into South-Eastern Europe Op/Ed by Chris Devonshire-Ellis The Russian Ambassador to Serbia, Alexander Botsan-Kharchenko has announced that Serbia will sign off a Free Trade Agreement with the Eurasian Economic Union (EAEU) on 25th October. The EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and is a free trade area[…..]

  • by

    Russia Takes Advantage Of US-China Trade War To Expand Grain Export Potential

    US losing its grain export markets as purchasers look to alternative Eurasian suppliers Russian state-controlled bank VTB said on Thursday that it had completed its purchase of a 70% stake in local grain trader Mirogroup, expanding the lender’s diversification into the grain export business. This comes as China has been looking to Russia to purchase[…..]

  • by

    Thailand Wants To Expand Its Eastern Economic Corridor To The Russia Market

    Food security opportunities for Thai investors In Russia, Manufacturing & re-export opportunities for Russian businesses in Thailand Following recent meetings between the Foreign Ministers of Russia and Thailand, at which the two countries pledged to triple their bilateral trade to turnover, Supant Mongkolsuthree, the Chairman of the Federation of Thai Industries (FTI) has shown enthusiasm[…..]

  • by

    Chinese Ambassador – Russia-China Trade Set To Double To US$200 Billion By 2024

    Russia increasingly investing in Asia as US & EU trade uncertainty remains Op/Ed by Chris Devonshire-Ellis The new Chinese Ambassador to Russia, Zhang Hanhui has told reporters that he expects Russia-Chinese bilateral trade to increase to US$200 billion by 2024. That is close to double the current trade volume. Ambassador Zhang had previously been based in[…..]

  • by

    Russia, India Want To Increase Bilateral Trade To US$30 Billion In Next Five Years

    Opportunities for Russian investors in India Russia and India have stated a goal to diversify and deepen bilateral economic ties in priority sectors to meet the bilateral trade target of USD 30 billion by 2025, the Indian Ministry of Commerce has stated. Russia’s Deputy Prime Minister Yuri Trutnev and Indian Commerce and Industry Minister Piyush[…..]

Showing 10 of 797 articles