Chinese exports plummet, except to Russia

https://www.dw.com/en/chinese-exports-plummet-except-to-russia/a-66209046

China's exports to Russia saw significant growth as Chinese automakers filled the void left by Western companies leaving Russia. China reported a 12.4% drop in exports in June, while imports also fell by 6.8% during the same period.

16 points · 5 comments · view on lemmy.world

5 Comments

Tygr@lemmy.world · 3 pts · 3y (1 reply)

So that’s why they’ve been banging war drums lately.

girlfreddy@sh.itjust.works · 7 pts · 3y

Imo the massive geopolitical movements of the last 500 days is second only to the fall of the Berlin Wall. It's just crazy to watch in real time.

Cannacheques@sh.itjust.works · 1 pts · 3y (2 replies)

You would think these Chinese auto companies would be looking to diversify away from Russia with the way global geopolitics is going

Varyk@sh.itjust.works · 2 pts · 3y (1 reply)

aooo

cantstopthesignal@sh.itjust.works · 1 pts · 3y

Russia plays an important foil and by being worse than China, they take away attention from how bad China is.