Russian Manufactured Goods Are Squeezing Chinese Goods Out Of The Market.

Russian media reported that Russian companies have launched the charge to squeeze Chinese made goods out of the market.

This is not the first charge against imported Chinese goods, reported that the Russian mainland

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The volume of production increased substantially in 2016.

Russian media reported that Russian enterprises have launched extrusion of manufactured goods from China.

The charge number.

Reported that the Russian Aluminum giant "Russian Aluminum Inc" has jointly decided with the local bicycle manufacturers, will take joint action, with a view to squeezed the import of Chinese bicycles, occupying 30% of the Russian bicycle market share, economists said that if the project is successful, there will be 3500-4000 million dollars in efficiency.

According to Pavel Schmidv, President of the Russian Federation of national bicycle enterprises, Russia's "news" said that the establishment of the new joint venture will take about 1 years and will be put into operation by the end of 2017, and the annual output will reach 1 million bicycle wheels.

Occupying this market dominated by Chinese bicycles is a permanent removal of Russian Aluminum Inc, and Russian bicycle manufacturers will be able to cut costs and increase competitiveness.

This is not the first charge for the import of Chinese goods, reported that Russia's local clothing and shoes production increased significantly in 2016.

At the same time, the import volume of Chinese shoes and hats has decreased significantly this year, and Russian manufactured goods are squeezing Chinese goods out of the market.

"In fact, Russia has inherited most of the capacity of the former Soviet Union in the clothing industry, especially in men's suits, tops and knitwear," Anna Clemens, director of the Fashion Consulting Group said.

The report said that many Russians are very confident about the resumption of the production of light industrial products and the substitution of Russian made products for Chinese imports.

The head of a leather processing plant in Russia commented: "in the former Soviet Union, our factories were three shifts and had to work overtime on Saturday, including exports from many countries in China."

At the same time, Russian enterprises are making greater efforts to export Russian products such as cosmetics, clothing and chocolate to China through online business.