Chinese cars taking over Russian market ...News

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Chinese cars taking over Russian market
Imports have nearly tripled this year amid an exodus of Western brands Russian imports of Chinese cars nearly tripled from January to May this year, a Russian customs official told RIA Novosti on the sidelines of the St. Petersburg International Economic Forum (SPIEF). According to Ruslan Davydov, imports of construction equipment from China during the same period surged eightfold. The official attributed the growth of imports from China to the exodus of Western businesses. Major American, European, Japanese and South Korean automobile makers left the Russian market last year due to sanctions. Davydov claimed that

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