fbpx

Type to search

Chinese Smartphone Makers Cut Russian Exports – FT

The cutbacks, led by Huawei and Xiaomi, show efforts to build a relationship are not shielding Chinese groups from the economic fallout of the war


Xi Jinping and Putin
China and Russia struck a "no limits" partnership in February 2022, weeks before Russia invaded Ukraine. Photo: Reuters

 

The threat of western sanctions and the collapse of the rouble have prompted China’s biggest smartphone makers to drastically cut exports to Russia, the Financial Times reported.

The cutbacks, led by Huawei and Xiaomi, show that Chinese companies are not protected from the economic fallout of the war in Ukraine and an exodus of western brands from Russia isn’t helping them.

Read the full report: Financial Times

READ MORE:

 

Smartphone Manufacturers Make Progress on Recycling

 

Huawei Unveils 7 Smart Office Products Ahead of Mobile Meet

 

China’s Realme Eyes Europe’s High-End Smartphone Market

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.