Russian-Chinese Foreign Trade Cooperation

Abstract

The development of trade, economic and investment ties with the APR countries is one of the priorities of the foreign policy of the Russian Federation. China has traditionally been Russia’s leading foreign trade partner, and Russian-Chinese foreign trade cooperation has a positive dynamic of development. At the same time, despite the growth of foreign trade turnover between countries, export supplies of raw materials from Russia, as well as import of finished industrial products from China, prevail in the commodity structure of foreign trade turnover between countries, which makes it very vulnerable to external factors. The paper examines the main trends in Russia’s foreign trade with China in 2015-2019. Conclusions are made about the most promising areas of bilateral cooperation.