11:08 - 29.03.2022

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March 29, Fineko/abc.az. Small and medium-sized private companies in China are considering doing business in the Russian market due to the massive withdrawal of Western companies and attempts to fill the vacant niche, ABC.AZ reports with reference to the Russian media.

It was noted that this could give an additional impetus to the process of increasing Russian-Chinese trade.

"At that, large state-owned enterprises of the People's Republic of China in this direction will choose the option of more cautious actions, guided by sanctions risks,” the publication says.

Experts say that the withdrawal of Western players from the Russian market has already led to imbalance of supply and demand, which, in turn, has opened up new opportunities for China.