Chinese firms prepare for reopening of Russian market amid talks aimed at peace deal
Many Chinese exporters expect the first wave of post-war demand in Russia to come from infrastructure
Chinese cross-border e-commerce entrepreneur Andy Guo has just opened two warehouses covering a total of 5,000 square metres (53,820 sq ft) on the outskirts of Moscow.
He said the move was not about addressing logistical bottlenecks, but preparing his business for a potential geopolitical shift that could reshape his fastest-growing yet most uncertain overseas market if Russia and Ukraine reach a peace deal.
“Many Chinese exporters are now closely monitoring and debating whether a peace deal can be reached,” Guo said.
Also the founder of Waimaojia, a business platform on WeChat that has attracted thousands of exporters focused on the Russian market, he said the prospect of an end to the war brought both opportunities and uncertainties for many Chinese exporters.
Many Chinese exporters expect the first wave of post-war demand in Russia to come from infrastructure, followed by a quick rebound in consumer spending once payment and delivery restrictions caused by sanctions are relaxed.