USEUROPEAFRICAASIA 中文双语Français
Home / Comment

Not much for Russia to gain from trade war

By Oleg Remyga | China Daily | Updated: 2019-08-12 07:17

After the US leader threatened Washington would impose 10 percent additional tariffs on another $300 billion of Chinese goods from Sept 1, some experts were prompted to ask whether the US-instigated trade war with China will influence Russian-Chinese economic cooperation.

Some media commentators in Russia and a few other countries have said Russia could benefit from the Sino-US trade war, as it could replace, to some extent, the United States in the Chinese market. But is there any basis for such hopeful views?

If we look at the situation from a purely economic point of view, the Sino-US trade war will have no direct influence on Russia-China economic cooperation. But given that soybean and pork exports from Russia to China increased significantly, several experts believe that the Sino-US trade war has created big opportunities for Russian companies.

Not much for Russia to gain from trade war

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US