Trade between Russia and China Will Reach $200 Billion
Head of Prosperity Capital Management fund in London Martin Charmoy, predicted that trade between Russia and China will reach $200 billion in the next several years.
The analyst mentioned that Russia and China are quickly becoming close friends, which is a growing threat to European markets, as European companies that once were very successful in the Russian market are losing their positions because of the sanctions and the geopolitical situation, Sputnik news reports.
"China needs almost everything Russia produces, and Russia-produced consumer goods are affordable enough", - said Charmoy.
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