China is playing an increasingly critical role in supplementing Russia's war-torn economy and boosting its military capabilities, according to a new analysis by CNBC.
. 2023 is set to eclipse that figure, with total trade hitting $134 billion in the first seven months.
Beijing has so far resisted condemning the full-scale invasion, while insisting that its trade with Moscow constitutes "normal economic cooperation" that targets no "third party." An analysis of Russian customs documents filed as recently as August 2023 points to the continued supply of drones, helmets, vests and radios from China, providing a lifeline for President Vladimir Putin's over 18-month war of attrition, and a lucrative avenue for Chinese companies.
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