China has completely halted electricity purchases from Russia, as Russian export prices exceeded domestic Chinese prices for the first time, rendering imports economically unviable, according to Kommersant as reported by Nexta_tv on X over the past 90 minutes. Nexta_tv cited Kommersant in a post shared between 9:15 AM and 10:46 AM UTC on January 16, 2026, noting the price disparity marks the first instance where Russian electricity exports to China are no longer competitive. No further details on the exact timing of the halt, prior purchase volumes, or immediate impacts were provided in the source during this period. The development follows earlier reporting on the same issue earlier this morning.
