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Last year, Chinese smartphone brands dominated the Indian market more than ever. Almost all locally sold Chinese smartphones are produced in India. But the market share of domestic brands is falling dramatically. India is failing to counter Chinese products with its own smartphone industry. An industrial policy failure, but one that could mitigate political escalations.
By Frank Sieren
Chinese cars have become popular in Russia in recent years. Brands like Chery and Haval are now able to fill the gap left by the withdrawal of Western manufacturers. This is made possible by Russia's yuan reserves. Ultimately, however, Russia could end up becoming an extension of China's automotive sector.
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