China Profits from Russia-Ukraine War: Cheap Oil & Soaring Sales to Ukraine

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News18•08-02-2026, 12:31
China Profits from Russia-Ukraine War: Cheap Oil & Soaring Sales to Ukraine
- •China benefits from the Russia-Ukraine war by buying cheap oil from Russia and selling essential goods to Ukraine.
- •Ukraine's energy crisis, caused by Russian attacks, has led to a surge in demand for Chinese batteries, solar panels, and electronic equipment.
- •Chinese brands like EcoFlow have seen sales skyrocket, with logistics companies reporting 30-50% increases in energy device consignments.
- •China exported approximately $5 billion worth of goods to Ukraine in 2025, a 36% increase, with Ukraine's figures showing even higher import values.
- •Chinese companies are opening offices in Ukraine to meet the high demand, filling the void left by weakened local industries.
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