China Halts Electricity Imports from Russia Due to Price Dispute
Market Intelligence Analysis
AI-PoweredChina has halted electricity imports from Russia due to high prices, but Russia is negotiating to resume power supply. The high prices topped domestic power prices in China for the first time, affecting the trade agreement. The dispute may impact Russia's energy exports and revenue.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Russia is in negotiations with Beijing to potentially resume power supply to China, the Russian Energy Ministry told Reuters on Friday, after a Russian media report said that China halted electricity imports from Russia due to high prices. On Friday, Russian business daily Kommersant reported that China on January 1 stopped buying any electricity from Russia. The Chinese refusal to buy Russian electricity was the result of high Russian export prices, which in 2026 topped the domestic power prices in China for the first time, Kommersant…
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