![]() ![]() ![]() It is difficult to ascertain the extent to which the PRC has helped Russia evade and circumvent sanctions and export controls. Total bilateral trade between the PRC and Russia hit a record high level of USD 190 billion in 2022, which is a 30 per cent increase from 2021.Ĭhina is also providing supertankers and insurance coverage to move Russian Urals crude to PRC ports, as Moscow seeks vessels for exports after a G-7 oil price cap restricted the use of Western cargo services and insurance. According to the report, Russian imports from China have increased by 13 per cent to USD 76 billion in 2022, and its exports to the PRC increased by 43 per cent to USD 114 billion. ![]()
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