China's Great Wall Motor staying in Russia 'for time being'

CNOOC says it's 'too early' to consider stepping in where Western peers leave

20220330.GWM.JPG

A Great Wall electric vehicle is displayed at the Bangkok International Motor Show on March 22: The Chinese carmaker plans to keep operating in Russia, where it has its only overseas plant. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- China's biggest SUV maker, Great Wall Motor, says it has no immediate plans to exit Russia, its top overseas market, but warned that the Ukraine war and Western sanctions could force it to make "some adjustments."

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.