Charts of the Day: China’s Trade Deficit With Russia Balloons

China’s trade deficit with Russia has ballooned since the war in Ukraine began in February as it boosted purchases of coal, oil, and gas from the country, customs data show.

Goods imports from Russia in dollar terms surged 80% year-on-year to $10.3 billion in May, data released on June 17 by China’s General Administration of Customs show, the second straight month of gains exceeding 50%.