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The author analyzes the features and results of trade, economic and political relations of the Chinese province of Xinjiang with Soviet Russia and the USSR in 1921-1922. The main sources for the preparation of the article were historical and archival materials on the trade and economic relations of Xinjiang with Russia and the Soviet Union (1896-1949) in Chinese, as well as documents from a number of Moscow archives (the Russian State Archive of Economics, the Russian State Military Archive, the Archive of Foreign Policy of the Russian Federation). The analysis showed that during the period under review the Soviet-Xinjiang trade, economic and political relations were rather ambiguous. This is evidenced by statistical data on the volume of trade for 1921 and 1922, which, despite the measures taken by Moscow, did not increase. In addition, it should be emphasized that the range and list of goods supplied by the parties changed significantly. The author comes to the conclusion that in 1921-1922 there did not take place the final restoration and development of all-round ties between the Soviet Union and the Chinese province of Xinjiang. It was the Soviet leadership that was the initiator of the bilateral rapprochement.