Since Russia invaded Ukraine nearly three years ago, the world has witnessed not only brutal conflict but also the complex web of international trade that continues to fuel Russia’s war efforts. One of the most alarming discoveries involves China,
Donald Trump, after taking oath as the President of the United States, signed an executive order titled "The Iron Dome America."
Once a global leader in cryptocurrency mining, China banned the activity in 2021, citing financial and environmental concerns. Russia is also becoming increasingly dependent on its neighbor at a time when its war-time economy is being choked by sanctions, with no end in sight.
Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached record levels, growth has slowed significantly compared to 2023.
Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas revenues are vital sources of revenue, accounting for between a third and half of Russia 's federal budget over the last decade. In particular, these revenues play a key role in helping Putin to finance his war in Ukraine.
An investigation by RFE/RL’s Schemes has found that companies at least partially owned by the Chinese state are feeding critical minerals to Russian suppliers to manufacturers of weapons the Kremlin has used to pummel Ukraine since its all-out invasion nearly three years ago.
In December, Russia reportedly sold its stakes in certain Kazakh uranium deposits to Chinese-owned companies. This involved Kazakhstan's nuclear resources company, Kazatomprom, and Russia's Rosatom transferring interests to Chinese entities, National Security News reported.
Russia is studying how China is building military-industrial systems, co-author of report from state-backed think tank tells Russian media.
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
Russian President Vladimir Putin has had a call with Chinese President Xi Jinping, emphasizing the two countries’ close ties, a day after Donald Trump was sworn in as the 47th U.S. president.
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,
Investment in Pituffik has been inconsistent, however, and its importance has waned since the Cold War. Renewed attention to Greenland could help the U.S. counter Russia’s growing Arctic dominance and China’s ambitions as a “near-Arctic” power.