The country’s sales in the first quarter jumped by nearly 60% year-on-year, according to Nikkei China became the world’s largest car exporter in the first quarter of 2023, Nikkei news outlet reported this week, citing data from the China Association of Automobile Manufacturers.
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Those that have decided to maintain operations have done so due to favorable market conditions, according to Japan’s trade body About 35% of Japanese companies operating in Russia continue doing business “as usual” despite Tokyo’s commitment to complying with Western sanctions, a survey by the Japan External Trade Organization (JETRO) revealed on Wednesday.