China and Russia had expanded cooperation in an “extremely complex” international environment, he said. They had opened efficient communication channels, worked to stabilise global production and logistics chains and established reliable bilateral settlement mechanisms.
“Almost all bilateral trade is now conducted in local currencies,” Morgulov said, adding that the two economies were “complementary, with broad and multidimensional space for cooperation”.
China has repeatedly denied the accusations which have led to sanctions being imposed on certain Chinese entities and individuals.
China-Russia relations had reached “their highest level in history” in terms of depth and mutual trust, Morgulov said, adding that ties would continue to develop in a steady and dynamic manner.
