Chinese cars winning over Russian market – envoy ...News

The exodus of major global automakers has opened the door for Chinese brands China exported over 160,000 cars to Russia last year, more than doubling its share of the country’s auto market, Chinese Ambassador to Moscow Zhang Hanhui has revealed. In an interview with Russian newspaper Izvestia on Friday, the Chinese diplomat noted that annual trade turnover between the two nations hit a record $190.27 billion last year, having jumped by nearly 30%. “Cooperation in such areas as automobiles, household appliances, consumer electronics, has been developing rapidly,” Zhang said, adding that China’s auto supply was up b

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