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Russia expects trade with China to reach $200 billion by 2024 -report

Sunday, May 1, 2022
Russia expects trade with China to reach $200 billion by 2024 -report © Reuters. FILE PHOTO: Men move bags of goods for export in front of a trading centre that houses shops and offices with Russian goods and services, in Beijing, China April, 1 2022. REUTERS/Tingshu Wang

(Reuters) -Russia said on Saturday it expected commodity flows with China to grow and trade with Beijing to reach $200 billion by 2024, as Moscow faces mounting isolation from the West.

China has refused to condemn Russia's actions in Ukraine and has criticized the unprecedented Western sanctions on Moscow. The two countries have bolstered ties in recent years, including announcing a "no limits" partnership in February.

"We are focused on achieving the goal set by the heads of state to bring bilateral trade turnover to $200 billion by 2024," Georgiy Zinoviev, head of the Russian foreign ministry's first Asia department, told the Interfax news agency.

"Moreover, we suggest that reaching this ambitious figure earlier than planned is quite possible."

With Russian trade buffeted by sanctions, Zinoviev said time was needed to adapt. He said China's struggle with COVID-19 in recent weeks was also a factor that could complicate efforts.

"Chinese business remains interested in expanding its presence in Russia, for whom additional opportunities are opening up given the departure of some Western companies," Zinoviev said.

He acknowledged the risk of secondary action that Chinese companies could face if they help Russia circumvent sanctions, but said that a significant increase in cooperation was likely nonetheless.

"It is clear that in the current situation many Chinese economic operators have to exercise caution, given the likelihood of secondary sanctions," said Zinoviev.

"I am convinced our partners and us will be able to use the current situation to our common interests and fully unlock the potential for a significant increase in cooperation in all areas."

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18-05-2022 14:09:20 (UTC+7)

EUR/USD

1.0518

-0.0029 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

EUR/USD

1.0518

-0.0029 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

GBP/USD

1.2434

-0.0056 (-0.45%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (10)

USD/JPY

129.20

-0.19 (-0.15%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

AUD/USD

0.7014

-0.0015 (-0.21%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (6)

USD/CAD

1.2825

+0.0016 (+0.12%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (3)

EUR/JPY

135.89

-0.58 (-0.42%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/CHF

1.0474

-0.0003 (-0.03%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (5)

Gold Futures

1,812.42

-6.48 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Silver Futures

21.593

-0.157 (-0.72%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Copper Futures

4.1977

-0.0346 (-0.82%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Crude Oil WTI Futures

110.56

+0.93 (+0.85%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (10)

Sell (1)

Brent Oil Futures

112.52

+0.59 (+0.53%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (2)

Natural Gas Futures

8.198

-0.116 (-1.40%)

Summary

Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (4)

US Coffee C Futures

228.63

+3.83 (+1.70%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (6)

Euro Stoxx 50

3,749.05

+7.54 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (6)

S&P 500

4,088.85

+80.84 (+2.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

DAX

14,211.45

+25.51 (+0.18%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (4)

FTSE 100

7,526.10

+7.75 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (5)

Hang Seng

20,585.50

-17.02 (-0.08%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

US Small Cap 2000

1,840.30

+56.87 (+3.19%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (5)

Sell (3)

IBEX 35

8,531.73

+56.03 (+0.66%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

BASF SE NA O.N.

50.505

-0.185 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

64.24

+0.12 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Allianz SE VNA O.N.

202.45

+0.20 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Adidas AG

183.82

+0.52 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Deutsche Lufthansa AG

6.881

+0.054 (+0.79%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Siemens AG Class N

116.69

+0.19 (+0.16%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (1)

Deutsche Bank AG

9.579

+0.041 (+0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

 EUR/USD1.0518↑ Sell
 GBP/USD1.2434↑ Sell
 USD/JPY129.20↑ Sell
 AUD/USD0.7014↑ Sell
 USD/CAD1.2825Buy
 EUR/JPY135.89↑ Sell
 EUR/CHF1.0474Neutral
 Gold1,812.42↑ Buy
 Silver21.593↑ Buy
 Copper4.1977↑ Sell
 Crude Oil WTI110.56↑ Buy
 Brent Oil112.52↑ Buy
 Natural Gas8.198Sell
 US Coffee C228.63Neutral
 Euro Stoxx 503,749.05Neutral
 S&P 5004,088.85↑ Buy
 DAX14,211.45Neutral
 FTSE 1007,526.10↑ Sell
 Hang Seng20,585.50↑ Sell
 Small Cap 20001,840.30Neutral
 IBEX 358,531.73↑ Buy
 BASF50.505↑ Buy
 Bayer64.24↑ Buy
 Allianz202.45↑ Buy
 Adidas183.82↑ Buy
 Lufthansa6.881↑ Buy
 Siemens AG116.69↑ Buy
 Deutsche Bank AG9.579↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,825/ 6,925
(0/ 0) # 1,847
SJC HCM6,825/ 6,925
(0/ 0) # 1,842
SJC Hanoi6,825/ 6,927
(0/ 0) # 1,844
SJC Danang6,825/ 6,927
(0/ 0) # 1,844
SJC Nhatrang6,825/ 6,927
(0/ 0) # 1,844
SJC Cantho6,825/ 6,927
(0/ 0) # 1,844
Cập nhật 18-05-2022 14:09:22
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ↀ Giá vàng thế giới
$1,810.89-3.78-0.21%
Live 24 hour Gold Chart
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Sản phẩmVùng 1Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI$110.36+0.310.28%
Brent$110.93+0.230.21%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.955,0023.265,00
EUR23.783,5625.115,95
GBP28.150,0329.351,12
JPY173,94184,14
KRW15,7819,22
Cập nhật lúc 14:02:16 18/05/2022
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