China Commercial Vehicles to Boom in Russia
www.chinatrucks.com: Russia used to be a main export market for China commercial vehicle markets. Affected by world financial crisis, the process suspended for a few years. And this year, Shaanxi Auto, Beiben, CAMC and main bus manufacturers can feel clearly that Russia market in recovering.
Apart from the covering economy, some favorable policies can also be attributed to the shift. Prime Minister Putin is drafting proposal for replacing old trucks and buses, and it is estimated that 78.4% trucks and 59% buses have been used for over ten years.
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