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President Vladimir Putin said on Wednesday (June 22) that Russia was in the process of rerouting its trade and oil exports towards countries from the BRICS group of emerging economies in the wake of Western sanctions over Ukraine. __________________ Powered by Shanghai Media Group, ShanghaiEye focuses on producing top-quality content… Continue Reading Russia's Putin hails Indian supermarkets and Chinese cars when addressing BRICS business forum

Auto sales have started to recover in China as the shortage of semiconductors used in vehicles eases, despite supplies still being tight overall. The China Securities Journal is reporting that many interviewed buyers can now purchase most of popular models on the spot from dealerships, and that waiting times for… Continue Reading Signs of global chip shortage seen easing as China's auto sales start to recover