The stability of the Russian and Chinese economies

Mondo Health Updated on 2024-01-31

Russian Finance Minister Anton Siluanov said that the growth of Russia and China** is the result of the resilience of the economies of both countries, despite the challenges facing the global economy.

Growth is also the result of the economic stability of our countries, despite the challenges, turbulence and global economic growth,said Siluanov at the opening of the ninth financial dialogue between Russia and China. In this context, our task is indeed to ensure the financial stability of our countries.

Our task is to ensure that all the programs contained in our national budgets are implemented to boost our economies, create new jobs and increase confidence in the financial system. The Russian minister added.

According to data from the General Administration of Customs of China, from January to November 2023, the amount of ** between China and Russia increased by 267%, reaching a record 2181$700 million, the 2024 target set by the leaders of the two countries has been achieved. During the reporting period, China imported 1003 worth of imports to Russia$300 million in goods, an increase of 502%, exports from Russia to China increased by 118% to 1178$400 million. In 2022, the amount of ** between Russia and China increased by 293%, reaching a record 1902$7.1 billion. Russia and China have previously set a goal of doubling the amount, from $100 billion per year in 2018 to $200 billion in 2024.

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