Editorial Automotive

World events continue to be dominated by Vladimir Putin’s bloody war in Ukraine. And the indirect effect of sanctions against Russia is also causing Chinese conglomerates to ponder. They are still hesitant to step into the gap left by the withdrawal of Western companies, analyzes our team in Beijing. But the arrest of Huawei’s chief financial officer in connection with Iran sanctions has already shown where the U.S. can pull the lever. Andthe whole of Russia is no bigger economically than many a Chinese province. The anti-Putin alliance, on the other hand, dominates the world market.