Overview
- Mikhail Mishustin met Chinese Premier Li Qiang in Hangzhou to start a two-day mission, with a meeting with President Xi Jinping set for Tuesday in Beijing.
- Russian and Chinese delegations signed eight accords covering humanitarian cooperation, customs coordination, nuclear‑materials controls, and a 2026–2030 satellite navigation roadmap.
- Mishustin said bilateral trade is now conducted almost entirely in national currencies, with the dollar and euro reduced to a negligible share.
- Kommersant reported that trade fell 9.4% year on year to $163.62 billion in the first nine months of 2025, citing sanctions pressure, weak Chinese demand, and market saturation in Russia.
- The outreach comes days after President Trump’s talks with Xi, as Moscow sends a large delegation including space and nuclear chiefs and flags expanded copper, nickel, and farm‑goods access from a Ningbo commission meeting.