China's exports to Russia collapsed for the first time in four months.

China's exports to Russia in November decreased at double-digit rates, leading to the first decline in the last four months. This is reported by Reuters citing data from Chinese customs. Compared to the previous year, shipments dropped by 10.5%. This marks the first decline since July. It is also worth noting that imports from Russia fell by 7.4% compared to the previous month.

The President of Russia, Vladimir Putin, stated on December 4 that the main issue in trade between Russia and China is payment settlements, and individuals responsible for this in both countries are already working on resolving this issue.