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Reuters: Chinese smartphones comprise more than 70% of Russian market
Chinese smartphone sales comprised more than 70% of the Russian market, according to the Reuters article citing consumer electronics retailer M.Video-Eldorado.
Xiaomi and Realme brands took up the market space created by the exits of Samsung and Apple after the full-scale invasion.
The demand for Chinese brands rose by 42% since last year, according to the report.
China has publicly maintained a neutral position in the war. On April 14, Chinese Foreign Minister Qin Gang said his country wouldn't sell weaponry to either side of the Russia-Ukraine war.
On April 16, Chinese Defense Minister Li Shangfu met with Russian dictator Vladimir Putin to discuss military cooperation between the two states.
@the_kyiv_independent What does China want from Russia? Chinese President Xi Jinping calls Russian dictator Vladimir Putin his “best and most intimate friend.” But where does the limit to their “no limits” friendship actually lie? How does China see Russia’s war in Ukraine, and what does it really want from Moscow? #ukrainewarrussia #russiaukraine #ukraine #ukraine🇺🇦 #china #politics #politicstiktok #putin #xijinping #jinping
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