As China exports to Russia dip on less car demand, new deals show ‘room to grow’

Source: China – South China Morning PostDespite a slowdown in automotive shipments from China to Russia, there is room for them to advance trade settled in yuan and roubles as both countries continue to be pressured away from the US market, analysts said on Tuesday during Russian President Vladimir Putin’s visit to the world’s second-largest economy.
Russians want consumer goods, personal electronics and common machinery that are difficult to import from the West because of trade sanctions over Russia’s invasion of Ukraine that began…Read More

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