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Chinese leftovers for Russia’s car market

The Chinese automaker Great Wall manufactures its Haval brand in Tula, Russia – a slow seller in China.

Chinese car manufacturers, who risk losing ground on their domestic market, are now creating another foothold in Russia. There, they are gaining massive market shares, even without producing more cars. They benefit from the fact that the Russian car market has collapsed and the Western competition has largely withdrawn. This allows them to get rid of overcapacity and finance R&D in the People’s Republic. However, this economic commitment is not a political statement. The Russian market is too small for that.

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