Asia China coal Economy European Union exports G7 India National Security Oil Russia trade deficit Ukraine xi jinping

China, World's Largest Exporter, Hits Record Trade Deficit with Russia

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Jan 13, 2023

China, World's Largest Exporter, Hits Record Trade Deficit with Russia

China’s trade deficit with Russia tripled in 2022, a report revealed on Friday, thanks in part to skyrocketing energy prices that made Russia’s discounted oil and gas irresistible to Chinese buyers.

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