06:25 GMT +319 June 2019
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    A child holds the national flags of Russia and China prior to a welcoming ceremony for Russian President Vladimir Putin outside the Great Hall of the People in Beijing, China, June 25, 2016

    Russia-China Trade Grows by 1.8% in Six Months

    © REUTERS / Kim Kyung-Hoon
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    China’s bilateral trade with Russia increased by 1.8 percent over the past six months to reach $31.7 billion, the Chinese General Administration of Customs said on Wednesday.

    BEIJING (Sputnik) — According to the customs statistics, exports from China to Russia increased by 10 percent to $16.1 billion, while imports dropped by 5.4 percent to $15.6 billion.

    Year-on-year trade between the countries fell by 28.6 percent to $68.06 billion in 2015. In March, Russia’s trade envoy to China told Sputnik he expected bilateral trade between the two neighboring nations to recover from the slide in 2015 and grow this year.

    China’s total trade fell in 2015 as the yuan lost value and the country’s economic growth slowed to its lowest rate in over 25 years, prompting the national government to announce economic reforms.

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