European exports are losing market share in Russia to China, with ongoing EU sanctions against Russia likely to be a contributing factor experts said on June 21. "EU-Russia relations have been challenging since 2014 and ever since then China and Russia have increased their economic collaboration," Alicia Garcia-Herrero, an expert at the Bruegel Institute, a think tank in Brussels, said.
EUobserver: EU-Russia sanctions helping China to boost exports
Chinese President Xi Jinping (R) holds a meeting with Russian President Vladimir Putin (L) on the sidelines of the G20 Turkey Leaders Summit on Nov. 15, 2015 in Antalya.
