The trade volume between Russia and China could surge sharply to $400 billion, but this would require a significant increase in Chinese investments in Russia. RUSAL outlined this condition in his Telegram channel. According to him, many economists are currently assessing the potential for expanding mutual trade between the two countries. "To achieve this, a substantial increase in direct Chinese investments into Russian projects and enterprises is necessary — at least 160 billion yuan ($21.77 ...

On the sidelines of the Russian Union of Industrialists and Entrepreneurs Congress held in Moscow last week, Nornickel’s President Vladimir Potanin informed journalists that agreements with Chinese partners to establish a joint venture for copper mining are expected to be finalized shortly. Mr. Potanin noted that the process is underway, but discussing details would be premature. The company has secured government support for its strategic development concept, which includes cooperation with ...