You searched for "china" (10 results found)

How Soybean Made China And Russia Two Important Trading Partners

  • 30 Oct 11:41

How Soybean Made China And Russia Two Important Trading Partners Commentators believe that trade relations between Russia and China have changed significantly following the trade war between the United States and China. Russia is currently one of China’s most important trading partners. This was not unexpected, given China and the United States trade war. Soybeans seem to have been the focus of many trade communications as a strategic product for the Chinese. The Chinese tend to buy less from the United States, and Russia could be a good option for this change. Under such circumstances, the $ 200 billion turnovers between the two countries in the coming years will not be unexpected. According to the latest published. Read more...

China opens its market to more Russian meat suppliers

  • 16 Sep 11:28

China opens its market to more Russian meat suppliers Eight more Russian firms have been allowed to supply meat and poultry by-products to China, Russia’s food safety regulator Rosselkhoznadzor said on Tuesday. As a result, 49 Russian enterprises will have the right for such exports, the regulator added. In early November 2018, Rosselkhoznadzor and China’s General Customs Administration signed agreements on veterinary and sanitary requirements for mutual deliveries of frozen poultry meat and dairy products between Russia and China. Data showed that in the first six months of this year Russia has more than doubled its meat exports to the Asian country. China is now the largest buyer of Russian. Read more...

Russia breaks $ 1 billion threshold with pork exports

  • 4 Sep 10:27

Russia breaks $ 1 billion threshold with pork exports In the first half of 2020, Russia exported 88,000 tonnes of pork, 96% up compared to the same period last year.Yuri Kovalev, chairman of the Russian Union of Pork Producers (RUPP) outlined these results, speaking at an online conference early August. If all goes well, Russia should be able to export 200,000 tonnes of pork this year with a total worth of $ 300 million. That achievement would push the Russian meat export beyond US$ 1 billion for the first time ever, he said. Shrinking pork imports into Russia Kovalev said the country came a long way from being one of the world’s biggest pork importers to becoming a net exporter. In 2009, the. Read more...

Cherkizovo wants to adjust export to China

  • 12 Aug 10:57

Cherkizovo wants to adjust export to China In 1H 2020, Russia broke into the top three exporters of poultry to China. However, according to Cherkizovo Group experts, to maintain that position and develop exports further, it is necessary to strengthen sales channels and expand the range of products, including in the further processing segment. Once the Chinese market opened to Russian poultry producers in 2019, they were able to take advantage of China's domestic deficit and gain a strong foothold among the poultry exporters. At the end of 2019, Russia was the fifth largest poultry exporter to China, and by the end of the first half of 2020 it moved up to the third place. However, future performance. Read more...

Cherkizovo Group offers supplying finished poultry products to China

  • 7 Aug 11:06

Cherkizovo Group offers supplying finished poultry products to China In the first half of 2020, Russia was one of the 3 poultry meat exporters to China. To cement this position and further develop exports, sales channels should be strengthened and the product range expanded, including high value added products, according to experts of Cherkizovo Group. Entering the Chinese market in 2019, Russian poultry companies took advantage of the shortage in the internal market of China and earn a solid position among poultry exporters. From the fifth position at the end of 2019, Russia advanced to line three among the countries exporting poultry meat to China in the first half of 2020. However, further success of Russian companies may be undermined by. Read more...

Supplies of Russian poultry products to China increased sevenfold

  • 7 Aug 11:04

Supplies of Russian poultry products to China increased sevenfold Since the beginning of 2020, the volume of Russian exports of poultry meat to China has increased sevenfold and reached $ 160.4 million. PRC buys 67% of Russian poultry meat exports, according to the press service of the Ministry of Agriculture of the Russian Federation. Further export development is facilitated by state support measures implemented by the Ministry of Agriculture of Russia - concessional lending, as well as reimbursement of part of the costs incurred when certifying agricultural products in foreign markets. The size of the subsidy can be 50% or 90% of the volume of actually incurred and documented costs, depending on the volume of transportation. Read more...

China Becomes Largest Importer of Russian Meat

  • 4 Aug 15:56

China Becomes Largest Importer of Russian Meat Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest buyer of Russian meat, ahead of Ukraine, data showed. Mainland China accounted for 45 percent of Russian meat shipments in physical terms, while Hong Kong for 54 percent of the supplies. Analysts explained that exports from Russia grew mainly due to an increase in the supply of poultry meat. China has been buying poultry as well as chilled beef. Russian meat producer Cherkizovo is looking to expand its presence in the Chinese market. The company has been in talks on pork supplies to China,. Read more...

Russia increases the supply of meat and dairy products abroad

  • 29 Jul 11:47

Russia increases the supply of meat and dairy products abroad Taking into account the guarantees provided by the Rosselkhoznadzor, the General Customs Administration of China has expanded the list of Russian enterprises supplying dairy products and ice cream to the country. Russian beekeeping products, fish and dairy products have recently gained access to the Saudi Arabian market. In April 2020, the first shipment of Russian grain was sent to Saudi Arabia. Also, deliveries of eggs and poultry meat are allowed there. In total, for 2020, Rosselkhoznadzor has coordinated 20 veterinary certificates for the export of Russian products with the competent authorities of 14 countries. In 2020, Russia obtained the right to supply beef. Read more...

Why China increases import of Russian products

  • 17 Jul 11:15

Why China increases import of Russian products China, fearing a new round of trade confrontation with the United States, is increasing food imports from Russia - this year, its import first came in second place after oil - contributing to Russia's image as an environmental supplier. Experts told RIA Novosti, how it was possible to achieve such results and evaluated the prospects for further deliveries of products to the PRC. According to the main customs department of China, in the first five months of 2020, exports of agricultural products and products from the Russian Federation to China grew by a quarter and amounted to $ 1.8 billion. Thus, for the first time in history, food products were second after oil. Read more...

Trading Turnover between Russia and China Down 5.6%

  • 17 Jul 11:06

Trading Turnover between Russia and China Down 5.6% Trade turnover between Russia and China dropped by 5.6% in January-June period of 2020 year-on-year to $49.15 billion, according to the data released by China’s General Administration of Customs on Tuesday, as reported byTASS. Exports from China to Russia lost 6% in the reporting period to roughly $20.94 billion, while Russia’s imports to the People’s Republic of China decreased by 5.3% year-on-year to $28.21 billion. Russia’s surplus account amounted to $7.27 billion in six months, down by 2.9% compared with the same period last year. In 2016, Russia-China trade turnover grew by 2.2% in annual terms to $69.52 billion. In 2017, it. Read more...