Letter from China: Beijing backs Moscow
China’s energy imports have offered Russia a lifeline as Western sanctions bite
Russia’s invasion of Ukraine three months ago prompted speculation as to how much support China would be prepared to provide to its northern neighbour and ‘strategic partner’. The most recent energy trade data from the world’s second-largest economy appears to provide an answer. While Beijing has declined to provide direct diplomatic support, it has boosted energy imports from Russia, offering a lifeline to Moscow that has enabled it to withstand Western economic and financial sanctions. The value of China’s imports from Russia in April hit a record high of $8.89bn, up by 56.6pc from a year earlier and 13.3pc higher than March, according to Chinese customs figures. Purchases of oil, gas and

Also in this section
10 June 2025
The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and the markets
10 June 2025
Scapegoating foreign buyers will not solve country’s gas shortages
10 June 2025
US gasoline consumption is at its high level since before COVID, but while stocks remain healthy, the hurricane season threatens
10 June 2025
There has been a flourishing of non-governmental initiatives aimed at incentivising voluntary action on emissions over the past five years, and momentum is not slowing down.