
The figure was 28 percent higher than the results of the same period last year
AI-generated summary
Trade turnover between the Russian Federation and the People's Republic of China is showing significant growth against the backdrop of changing geopolitical vectors.
From January to August 2026, Russian-Chinese trade turnover exceeded $185 billion. This was stated by the Chairman of the Russian part of the Russian-Chinese Committee for Friendship, Peace and Development Boris Titov. He was quoted by TASS.
The achieved result was 28 percent higher than that recorded for the same period last year. In addition, the new indicators seriously exceed those relating to Russia’s trade with major European partners such as Germany. This, according to Titov, proves Moscow’s final turn towards Beijing.
“Russia’s maximum annual turnover with Germany was $101 billion,” he clarified.

China intends to promote the liberalization of Russian-Russian trade and investment, as well as simplify the interaction of small and medium-sized enterprises of the two countries, said CCPIT Deputy Chairman Li Xingqian.

In the first half of 2026, tourist flows from China to Russia increased by 20%, and from Russia to China by 54%. This was announced by Special Representative of the President of the Russian Federation Boris Titov at the Russian-Chinese Business Forum.

Increased energy consumption of data centers for neural networks stimulates interest in nuclear energy and pushes up uranium prices. The spot price of raw materials approached $90 per pound, reaching highs since the Fukushima accident.

Deputy Prime Minister of the Russian Federation Dmitry Chernyshenko said at the VII Russian-Chinese Forum that cooperation between small and medium-sized businesses could become the main source of growth in the partnership between Russia and China in the areas of AI, robotics and unmanned technologies.

Li Hongzhong said that Russia and China should develop new high-tech areas along with traditional economic sectors, including artificial intelligence and green technologies.

Russia has increased imports of Chinese auto components for local assembly instead of finished cars amid the development of joint production, said Deputy Prime Minister Dmitry Chernyshenko.