Trade turnover between Russia and China might exceed $80 bln by end of 2017
The trade turnover between Russia and China in January-July increased by 25.5%, - TASS
The trade turnover between Russia and China at the current growth rates for the year may exceed $80 bln, Russian Ambassador to China Andrey Denisov said on Monday. "This year, for six to seven months, growth of trade turnover amounted to around 30%. If we keep this momentum, then by the end of the year our trade will reach $80 bln and even slightly more," the diplomat said.
According to the General Administration Customs of China, the trade turnover between Russia and China in January-July increased by 25.5% in annual terms to $46.82 bln. At the end of 2016, this indicator grew by 2.2% in annual terms and reached $69.52 bln.