mo4ch:>Russia’s trade with China surges to more than $107 billion | Mo4ch News

Trade turnover between Russia and China soared by nearly 30 percent in 2018, reaching a record number of $107.06 billion, according to the latest report released by China’s General Administration of Customs (GAC).The agency noted that last year Russian imports of Chinese goods increased by 12 percent to $47.98 billion. At the same time, China’s imports from Russia grew by 42.7 percent, reaching $59.08 billion. In December alone, the volume of trade between the neighboring countries reportedly totaled $9.8 billion.Russia-China trade turnover has grown significantly over recent years. In 2017, mutual trade amounted to $84.07 billion demonstrating a growth of 20.8 percent. In 2016, the trade turnover grew by 2.2 percent in annual terms to $69.52 billion.Also on rt.comTrump tariff fail? China’s trade surplus with US hits highest level in more than decadeRussia became China’s number one partner when it comes to trade growth dynamics, according to the GAC spokesman Li Kuiwen. The spokesman …