Since the beginning of the Russian special operation in Ukraine, CHINA has increased purchases of oil, oil products, gas and coal to $35 billion compared to $20 billion a year earlier. BLOOMBERG reports this with reference to China's customs data for March-July.
According to the agency, in July, supplies of Russian coke (plus 63%, to 2 million tons), coal (plus 14%, to 7.4 million tons) and crude oil (plus 8%, to 7.15 million tons) grew the most. t). Also, imports of gas (plus 20%), aluminum (plus 16%), palladium (plus 29%) and wheat (plus 52%) also increased.
At the same time, imports of Russian copper to China decreased by 20% (to 20.3 thousand tons), and nickel - by 10% (to 3.2 thousand tons).
RUSSIA became the largest oil supplier to China for the third month in a row Economics
Russia continues to increase the supply of energy resources to Asian countries since the end of February. In May, Kpler analysts calculated that Asian countries overtook Europe for the first time in terms of oil purchases from Russia.
At the end of June, REUTERS reported that imports of crude oil from Russia to China in May increased by 55% (to 8.42 million tons) compared to 2021, which allowed Russia to displace Saudi Arabia as the main energy supplier to China.
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US Senator Marco Rubio has previously introduced a bill on sanctions against Russian oil supplies to China. According to the Republican, Beijing, buying energy from Moscow, supports the military operation in Ukraine.
In China, after that, the United States protested, speaking out against unilateral sanctions. "China conducts normal trade and economic cooperation with Russia on the basis of mutual respect, equality and mutual benefit, it is not directed against third parties and is not affected by external interference," said Zhao Lijian, spokesman for the Chinese Foreign Ministry. The Kremlin expressed hope that the senator's initiative would remain "at the initial stage."