China wants to boost bilateral trade to $250 billion a year. The goal was voiced by Chinese President Xi Jinping during a meeting with Russian President Vladimir Putin, according to Kremlin spokesman Dmitry Peskov.
RT reported on Sunday, “For China, this is not so much, but for [Russia] it is a very ambitious goal,” Peskov said, adding that the task is quite achievable. He pointed out that the trade turnover between the two countries hit a historic high of $140 billion in 2021.
Russian and Chinese leaders had previously set a target of doubling the volume of trade from $100 billion (reached in 2018) a year to $200 billion by 2024. China has been the main importer from Rus-sia of non-primary, non-energy goods since 2016. —TLTP
