China expands its Russian coal and oil imports.

China expands its Russian coal and oil imports.

According to customs statistics issued on Saturday, which showed that Russia was the leading oil supplier to China for the third consecutive month, China increased its imports of coal and oil from that country.
Statistics show that China’s oil imports from Russia in July were over 7.15 million tonnes, an increase of 7.6% from the same month last year.
China’s purchases of Russian coal, meanwhile, reached their highest level in more than five years. Beijing purchased 7 last July.

42 million tonnes of coal from Russia, an increase of 14% over the previous year.
Since the start of the conflict in Ukraine, the European Union has been seeking to reduce its dependency on Moscow for energy, but China is expanding imports by taking advantage of reduced Russian raw material prices.

China increases its imports of Russian coal and oil.

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