Business Jul 20, 2023
Made in Russia? Chinese cars drive a revival of Russia's auto factories
The rebirth of the Moskvich is a sign of China's growing sway over an important sector of Russia's economy.
The rebirth of the Moskvich is a sign of China's growing sway over an important sector of Russia's economy.
The foreign automakers that dominated Russia's car market left following the invasion of Ukraine, leaving a slumping production and sales in their wake.
Of thousands of firms that halted operations in Russia last year, some have only managed to negotiate swift exits by selling at huge discounts or handing keys to local management.
Dell announced last week that it would leave, and Logitech International has also said it will wind down its remaining activities in the country.
Russia began a revaccination campaign in July, one of the first countries to do so, but Putin has yet to receive a booster shot.
Allies of jailed Putin critic Alexei Navalny made an app for the Russian election — Google and Apple removed it from their stores.