Trade turnover between Russia and China almost 30% down in 2015

Trade turnover between Russia and China plunged by 27.8% to $64.2 billion last year, Russian news agency TASS reported referring to China's customs department spokesman Huang Songping.

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The exports of Chinese goods to Russia fell by 34.4% to $32.9 billion in 2015 and Russia's imports to China were down 19.1% to $31.4 billion, according to the customs department.

Huang Songping noted that last year was rather challenging and difficult for international trade. He said he expects this year to be the same to some degree.

The improvement of the situation in the Russian-Chinese trade depends first of all on the economic environment in both countries and second, on the situation in the world in general, according to Huang Songping.

As reported, in 2014 the Russian-Chinese trade grew by 6.8% totaling $95.28 billion.

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