BEIJING (Reuters) - Western sanctions against Russia are boosting demand for China-made cars, and this surge could continue as long as these sanctions ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBEIJING - Western sanctions against Russia are boosting demand for China-made cars, and this surge could continue as long as these sanctions remain in place, an executive with China's auto association said on Monday.
"There's still huge demand in the Russian market but that won't necessarily be solely reliant on imports," Xu said. Russia was the top destination for China's auto exports for the first seven months of the year, CAAM data showed, 464,000 cars sold. Mexico was in the second spot with 224,000 units.
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