Chinese regions chase business opportunities in Russia as West exits

Authorities keen on greater trade but wary of encouraging new investments

20220420N China shipping

China has maintained trade with Russia even as major economies like the U.S. impose extensive sanctions on Russia. © Reuters

SHUNSUKE TABETA, Nikkei staff writer

BEIJING -- As Beijing opposes Western sanctions over Russia's invasion of Ukraine, local Chinese governments are eager to support companies' expansion into a Russian market that global multinationals have abandoned.

Sponsored Content

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