Chinese firms filling gaps left by Western brands – Russian envoy ...News

More than 1,000 companies quit the Russian market in the past year due to Ukraine-related sanctions Russo-Chinese economic cooperation has been growing at a rapid pace in recent months and has “good prospects” for further expansion, Igor Morgulov, Russia’s ambassador to China, said in an interview on China Central Television on Saturday. According to the envoy, Chinese companies are actively filling the gaps in the Russian market left after the departure of Western companies, hundreds of which were forced to leave Russia due to Ukraine-related sanctions. “We welcome the surge in Chinese exports to Russia, primaril

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