Chinese brands stay put in Russia for now despite Western exodus

March 07, 2022 8:22 AM

SHANGHAI (REUTERS) – Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies – albeit bracing for growing uncertainty – taking a cue from Beijing’s stance of refraining from criticizing Moscow over its invasion of Ukraine.

Source : https://www.straitstimes.com/business/economy/chinese-brands-stay-put-in-russia-for-now-despite-western-exodus