Russia China summit
Russian Prime Minister Mikhail Mishustin meets with China's President Xi Jinping in Beijing on May 24, 2023.
  • Some Russian companies are seeing their business boom thanks to trade with China, Reuters reported. 
  • Oil, logistics, and auto sectors are major beneficiaries of Beijing and Moscow's economic alliance. 
  • Analysts warn of China's potential losses if sanctions extend to companies there that do business with Russia. 

Even as the West keeps up the pressure with sanctions on Russia's economy, some companies in the country are finding that their business is thriving under lucrative trade deals with China.