China’s private firms see Russia as land of opportunity, up for grabs amid West’s exodusUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostFrom car parts to food and household cleaners, smaller private firms in China are seeking ways to capitalise on the “void” left by a mass exodus of high-profile Western brands from the Russian market.But the outlook for state-owned companies and banks is a little foggier.Western sanctions over the war in Ukraine have sent the likes of Ford, Coca-Cola and other iconic brands heading for the exit in Russia. This has created opportunities for Chinese firms, despite warnings from the United States…Read More

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