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Chyna investment in zhoa bai din brand proves money well spent

excerpt from your russia and china de-dollarization link:

Ezoic link

The minister said, “New joint investment projects are being launched in priority sectors such as the automotive industry, mining and gas chemical industries, agriculture, logistics, IT sector and others.”

Following the pullout of Western companies from Russia due to the imposition of sanctions by the West, Chinese companies have exploited the opportunity, entering the Russian market, filling the niches left behind, as they expand their presence in Russia.

Belousov stated, “The withdrawal of Western companies from Russia has created vast opportunities for Chinese partners to take part in Russia’s in oil and gas, petrochemical and car manufacturing enterprises, as well as companies producing consumer goods, glass products, and construction materials.”