Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian Manufacturers are Looking for Alternative Suppliers, Due to the Coronavirus Epidemic in China
4.03.2020 12:11
Russian Manufacturers are Looking for Alternative Suppliers, Due to the Coronavirus Epidemic in China
(Source: https://i.pinimg.com/originals/45/56/ef/4556ef57b00087f160d20e417331c693.jpg)

Russian manufacturers of light industry goods began to look for alternative suppliers, due to the coronavirus epidemic in China. If Russian companies have to reorient themselves, this may lead to price inflation by 20 percent. As a substitute for Chinese goods, they consider counterparties from Turkey, Italy and several Asian countries.

      China is one of the leading suppliers of raw materials and semi-finished products for the Russian light industry, besides, it is also the main importer of finished products. Last year, China accounted for 36.5 percent of textile imported into Russia, whereas domestic products accounted for 34 percent of the market.

      An outbreak of previously unknown coronavirus provoking deathful pneumonia occurred in China at the end of 2019. As of February 11, the number of deaths due to the virus exceeded one thousand people. More than 42.5 thousand people were infected on the territory of China.




Author: Anna Dorozhkina

Tags: coronavirus Russian business    

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Tamerlan Tsarnaev  Exhibitions in Moscow  Russian ballet  Russian business  Russian musicians  El Lisitsky   Graphic Art  Russian Cinema  Boston Marathon  Gorky Park  Russian directors  Astrakhan  Russian fashion  Moscow Souvenir   Mass Media  Russian fashion designer  Dance Open Ballet Festival  Free Events  Russian economy  Mercedes-Benz Fashion Week Russia  Russian football  Russian advertising  Kurilsky State Reserve  Russian tourism  Choir Singing  Sergei Bondarchuk  Nicholas II  St. Petersburg  Russian scientists  Moscow  Gazprom  Exhibition Fairs  Adygea  Art Premium Week  education  Gelendzhik  Aeroexpress  Astrakhan Region  Russian theatres  Altai Balms  Kaliningrad Region  Ostrovok  hostels  Novovoronezh  Spacecrafts  Filling Stations  Russian science  Phanagoria  Eduard Uspensky  US 


Travel Blogs
Top Traveling Sites