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Posts tagged as “moving”

Chinese businesses consider moving production to Russia as trade war with US escalates

Chinese businesses consider moving production to Russia as trade war with US escalates Small and medium-sized enterprises in China, under pressure from Washington’s trade war, are studying the possibility of moving production to Russia. That’s according to the secretary general of the China Overseas Development Association (CODA), He Zhenwei, who talked to RIA Novosti ahead of the St. Petersburg International Economic Forum (SPIEF). Trade between China and the US mainly relies on small and medium-sized enterprises, while China’s bilateral trade…

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