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Sinolytics Radar

Sanctions put off Chinese companies

With the war in Ukraine dragging on, a crucial question remains whether China intends and would in fact be able to offset Russia’s economic pain from European sanctions. Several high-ranking US and EU officials already warned of consequences should China choose to do so. So far, there is little evidence that Chinese companies are completely withdrawing from Russia, but exports to Russia have significantly dropped as Chinese companies are trying to avoid secondary sanctions.

By Redaktion Table

Mercedes Smart Geely
Feature

Geely saves Smart

The Smart brand is about to undergo a fundamental change. Together with Geely, Mercedes is turning everything upside down: production, technology, sales and the car itself. In the end, the Smart #1 will be sold in both Europe and China.

By Christian Domke Seidel