Beijing: Russia's economy has been hit hard by impending doomsday Ukraine, and analysts have highlighted China's neighboring country - which still cannot criticize the attack - as a major trading partner.

Outside of Ukraine, meanwhile, it supplies China with essential commodities like corn, yet exchange rates remain low.

What are the numbers?

Very large trade

China has been Russia's largest trading partner for more than 10 years, according to trade service information, energy resources, and minerals that make up most of China's imports.

However, bilateral exchanges and business remain small compared to all Chinese exports.

China bought $79 billion worth of Russian goods last year while selling its own $68 billion, according to tax figures, accounting for only 3 percent of imports and 2 percent of imports.

Trade with Ukraine makes a very small amount.

In any case, Ukraine exports important commodities, such as iron ore and maize, to China and is a key source for Beijing's Belt and Road Initiative - a multi-billion dollar pressure to support Beijing's global trade interface.

Finally, and perhaps most bizarre, Russia-UK exchanges have improved the 2020 emergency. Although the exchange rate for Germany hit hard hit by 2020, exchanges with the UK expanded rapidly throughout the year.

Russia's trade into the UK was moving at an average of $ 10 billion a month in 2019, yet it began to grow by the end of the year to reach $14bn in December 2019. At the same time, imports from the UK to Russia were running high. For only $4.2bn in January. 2019 and remained at that level throughout the year, leaving Russia with an estimated $10bn exchange rate per month.

Power is essential

China-Russia trade is "extremely important and key", as ANZ market analysts point out, and the ongoing list could be jeopardized if given financial approval.

In total, China purchased more than 1.5 million barrels of crude oil every year in Russia last year - accounting for 16% of China's total oil production.

Meanwhile, Russia's combustible gas accounted for 5 percent of China's gross domestic product.

As oil costs rise as the war intensifies, it does not look good for China as the world's largest crude oil producer.

Food security

The rapid exchanges between China and Russia and Ukraine are linked to food security concerns.

About 33% of Chinese maize is imported from Ukraine, the research company Plenum noted, and this may "represent a problem considering the trade is disrupted".

Most of the maize is used to care for pigs, intended to satisfy the great interest of Chinese buyers of pork, the country's basic meat.

Beijing also lifted late restrictions on the shipping of wheat and grain to parts of Russia due to crop-related concerns.

However, Chen Long, a colleague at the Beijing-based consultancy Plenum, noted that a large portion of Chinese rice and wheat is being developed locally, meaning the effect is limited.

Money links

Russia is "the largest financial backer in the Chinese security market", said ANZ, with RMB $ state billion in state-owned RMB assets, about a quarter of the total assets.

"Only 17% of exchanges have acquired a comfortable renminbi at the moment, however that could quickly change to keep products distributed," said Julian Evans-Pritchard, China's chief financial expert at Capital Economics.