Russia's rail industry is in its worst downturn since the Great Financial Crisis, according to an estimate from MMI Research.
Gazprom expects to exceed gas sales forecasts this year, driven by demand from China, despite previous losses from the Ukraine conflict.
A new Pentagon report says China is continuing to expand its nuclear force and has strengthened its ties with Russia over the past year.
US crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and the country buys more barrels from countries including Russia and Iran.
Russia is moving forward on its strategic plan to secure a fourth export route for natural gas supplies to China that it has been discussing for months with authorities in Kazakhstan. The proposed pipeline will cross the northern and northeastern regions ...
Russia faces increasing difficulty shipping commodities to China through its vast eastern rail network, a sign of the growing economic challenges stemming from war and sanctions, despite the Kremlin’s assurances that all is well.
China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing.
Senators and analysts tell Fox News Digital the incoming Trump administration could shut down South Africa’s AGOA trade deals if Pretoria doesn’t review its relations with U.S. foes.
Russia continues to import foreign-made aircraft in violation of US and EU sanctions. At least 28 aircraft have entered Russia from abroad, including both small aircraft and large passenger liners, since the beginning of 2024.
"Other countries could decide that Russia and China's behaviors mean they would have to start implementing decisions among themselves."
The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons.
The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher measures against Chinese entities and more vessels from Moscow's so-called shadow fleet,