BlogNewsChina Pushes Northern Sea Route Transit Cargo To New Record

China Pushes Northern Sea Route Transit Cargo To New Record

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Strong demand for Russian crude oil in China resulted in record transit cargo on the Northern Sea Route in 2023. More than a dozen shipments delivered 1.5m tons of crude oil from the Baltic Sea to China through the Arctic Continue…

BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.

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