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A security guard stands watch over high-end cars in China.
One of Xi's public displays of cracking down on corruption included seizing more than 100 high-end cars used by officials.

Kevin Frayer/Getty Images

  • A surge in Russian demand has made China the world's top car exporter, per the Wall Street Journal.
  • Chinese brands have flooded the Russian market since the war in Ukraine began.
  • European, Japanese, and Korean car brands meanwhile have largely left Russia.

China's auto industry appears to have emerged as a beneficiary of Russia's ongoing war with Ukraine. 

Tags
economy, Markets, Transportation, Markets, economy, China, Russia, china-economy, Beijing, russia-economy, Moscow, ukraine-war, Autos, cars, demand, rebound, Recession, Sanctions
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A surge of Russian demand has made China the world's biggest car exporter