August 20, 2022
1 min read

China increases Russian energy imports

While many European countries are trying to wean themselves off Russian gas, China is importing an increasing amount of energy from its neighbour.

Data from Beijing’s Customs Office on Saturday showed that Russia is China’s largest supplier of oil for the third month in a row, reports dpa news agency.

In July, China imported a total of 7.15 million tonnes of Russian oil, up 7.6 per cent year-on-year.

At the same time, China’s coal imports from Russia rose to the highest level in more than five years with 7.42 million tonnes in July — around 14 per cent more than in the same month last year.

While the European Union has been trying to reduce its dependency on Russian energy supplies in light of the country’s invasion of Ukraine, which started nearly six months ago, China has been taking advantage of discounted commodity prices from Moscow to increase imports.

Beijing has so far not condemned Russia’s war in Ukraine.

ALSO READ: US top commander calls for action against China

Previous Story

‘War not an option’: Shehbaz bats for peaceful ties with India

Next Story

Imran faces arrest in foreign funding case

Latest from -Top News

Cabinet of Japan PM Ishiba steps down

After the prime ministerial vote, Takaichi will finalise cabinet appointments, and the chief cabinet secretary is scheduled to announce the lineup….reports Asian Lite News Outgoing Japanese Prime Minister Shigeru Ishiba resigned with

US, Australia boost mineral ties to counter China

The Australian Prime Minister lauded the minerals agreement, saying it will take the bilateral relationship to the “next level”….reports Asian Lite News The United States and Australia have signed a critical minerals

US clarifies $100K H-1B fee rule

H-1B workers applying for an amendment, change of status, or extension of stay within the United States won’t be subjected to the hefty payment…reports Asian Lite News In a major relief for

Pakistan Razes 1,000 Afghan Homes in Karachi

On October 16, the Pakistani authorities ordered Afghan migrants to leave their homes and shops in Quetta within a week…reports Asian Lite News Pakistani authorities, along with Karachi police, demolished more than
Go toTop

Don't Miss

Innovation turns discarded food into renewable energy source

The competition called on students to form small groups to

India-France-UAE trilateral gains steam

India, France, UAE discuss cooperation in trilateral framework, to promote