Economics

In China for the first time in a few years, the demand for Russian imports has fallen significantly - the media

Analysts say that since February 2021 the percentage of imports was at the same level, and after the start of the war in Ukraine began to increase. Now there is a fall for the first time. In China, for the first time in the last two years, they began to lose interest in Russian imports. With every month, delivery statistics are falling more. About it reports Reuters on August 9. It is noted that in July for the first time since February 2021, the import of China from Russia decreased.

This is despite the fact that after the start of the full -scale war of the Russian Federation against Ukraine, Beijing began to import more oil and other goods from Moscow. Last month, there were $ 8% to $ 9. 2 billion in comparison with a year earlier, unlike an increase of 15. 7% in June. The reason could be the weakening of domestic demand, which was much lower than analysts expected. At the same time, China's exports to Russia increased by 52% in July ($ 10.

28 billion), which is a little slower than the growth, which was recorded in June 2023. The cost of bilateral trade between the two countries fell to $ 19. 49 billion in July from $ 20. 83 billion in June. Analysts noted that these are the highest rates since the start of a full -scale war in Ukraine. How to change relations between countries and what a forecast from analysts for the coming months - there is no information.