By Eliza Popova
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.
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