China And Russia Have Signed More Than 15 Bilateral Trade Agreements

During the Beijing Winter Olympics, the heads of state of China and Russia met and signed more than 15 agreements to enhance bilateral trade ties. It is understood that the two countries have also reached a new bilateral trade goal, which is expected to expand from about 140 billion US dollars in 2021 to 250 billion US dollars. And consider building a second new gas pipeline from Russia to China. China's continuous expansion of its trade territory is expected to help strengthen China's economy and thus the yuan's exchange rate.