Features of Foreign Trade Between Russia and China and Prospects for its Development

Abstract

Trade and economic relations are the main basis for partnership and strategic cooperation between Russia and China. This paper examines the place of Russia and China in global trade. The main strategic priority in the development of trade and economic relations between Russia and China is indicated. The analysis of Russian-Chinese foreign trade turnover for the period from 2001 to 2018 is presented. The main product groups in Russian-Chinese foreign trade are analyzed and promising areas for further development are identified.