Lifan, a major Chinese car brand, has ended its sales in Russia, as relationships between Beijing and Moscow appear to fray. Lifan is the second-largest Chinese automobile manufacturer in Russia and was the largest Chinese automobile seller in Russia between 2014 and 2018.

In line with Russian publication Autonews.ru, the dearth of registration of recent automobiles in 2022, together with the truth that “there aren’t any provides on their sale” at present, factors to the truth that Lifan not intends to function in Russia.

Except for this, Lifan’s hotline in Russia not appears to be operational, whereas their social media web page has not been up to date for the second 12 months working, the publication factors out.

Probably the most compelling proof got here from the actual fact in a number of automotive dealerships that typically promote Lifan automobiles, a reporter from Autonews.ru discovered no automobiles from that model being bought.

Lifan was one of the well-liked automotive manufacturers in Russia, and at present, Avtostat estimates that there at the moment are 154,000 Lifan automobiles within the nation. This comes amidst the backdrop of Western sanctions hitting Russia since its invasion of Ukraine, which hit practically each facet of Russia’s economic system.

Specialists initially predicted that the information of European, Japanese and American car manufacturers pulling out of Russia would enhance China’s market share within the nation, permitting them to capitalise on the dearth of competitors.

The information of a significant Chinese language automotive producer pulling out of Russia comes amidst a report that exhibits that opposite to well- liked perception, China has not elevated its demand for Russian vitality because the invasion of Ukraine.

The Worldwide Power Company printed wanting on the international oil market, which it wrote: “Opposite to expectations, to this point there aren’t any indicators of elevated Russian exports to China, the place surging Covid circumstances and extreme mobility restrictions have reduce financial exercise and oil demand.”


to be distancing itself from Russia, with reviews final month noting China’s state-run Sinopec Group has suspended talks for a significant petrochemical funding and a gasoline advertising and marketing enterprise in Russia.

In line with Reuters, Asia’s largest oil refiner could have been cautious of the financial dangers concerned in working with Russia because the Western sanctions on the Kremlin have crippled the Russian economic system.

Whereas China has persistently voiced its opposition to financial sanctions, the federal government seems to be cautious of Chinese language firms being hit by the sanctions on Russia.

An govt at a state oil firm mentioned: “Firms will rigidly observe Beijing’s international coverage on this disaster.

“There is no room in any way for firms to take any initiatives when it comes to new funding.”

Source: https://lifecarstore.com/putin-suffers-blow-as-china-silently-activates-russia-main-automotive-model-pulled-science-information/

From 2014-2018 the company WAS the largest authomobile seller. Meaning from 2019 till date, they aren’t the major seller anymore abi? They can leave . It’s not a blow to Russia. The company left because they Running out of business and no need to use the war as an excuse

China wont trade its western market for Russia.


China knows a "Financial Nuclear weapon" on its economy will be so disastrous.

bluebay:
From 2014-2018 the company WAS the largest authomobile seller. Meaning from 2019 till date, they aren’t the major seller anymore abi? They can leave . It’s not a blow to Russia. The company left because they Running out of business and no need to use the war as an excuse

Special assistance to Puttin on car matters has commented

bluebay:
From 2014-2018 the company WAS the largest authomobile seller. Meaning from 2019 till date, they aren’t the major seller anymore abi? They can leave . It’s not a blow to Russia. The company left because they Running out of business and no need to use the war as an excuse

Must you keep supporting Russia until you Faint? Haba I am sure Putin doesn't even know the name of your State let alone local government or your name.

godliman:

Must you keep supporting Russia until you Faint? Haba I am sure Putin doesn't even know the name of your State let alone local government or your name.

I respect the man jor . Them man is my man of the Year ����.