
Russian President Vladimir Putin said at a meeting of the Valdai Club that the European automobile industry is in deep crisis and predicted a quick transition to Chinese cars due to their low prices and high quality.
AI-generated summary
Russian President Vladimir Putin spoke at the plenary session of the meeting of the Valdai International Discussion Club, where global economic and geopolitical trends were discussed.
The European automobile industry is in deep crisis. Russian President Vladimir Putin said this during the plenary session of the meeting of the Valdai International Discussion Club; the broadcast is available on Rutube.
“Soon we will all be driving Chinese cars. Whether it’s good or bad, I don’t know, but it’s cheap and of high quality,” he said.
AI outlook — possibilities, not facts
Soon we will all be driving Chinese cars
Possible · Within months

Governor of the Arkhangelsk region Alexander Tsybulsky said at a forum in Svetlogorsk that the development of Arctic ports and the Trans-Arctic transport corridor requires the construction of a modern fleet, and proposed using the region's shipyards, including the Krasnaya Kuznitsa shipyard, to build icebreakers, rescue ships and ships for a single maritime operator of northern delivery, noting the readiness of enterprises to provide the full life cycle of ships.

Russian President Vladimir Putin said at the 23rd annual meeting of the Valdai international discussion club that the share of Russian industrial goods on the Chinese market is constantly growing. The session was broadcast on the Rutube platform.

Governor of the Smolensk region Vasily Anokhin met with representatives of Russian and Belarusian companies at the INNOPROM exhibition in Minsk, discussing plans to open and expand production in the region, including the creation of a warehouse and service center, increasing the volume of packaging production and processing of fruits and vegetables.

Russian President Vladimir Putin said at a meeting of the Valdai Club that the main thing is not to overcool the country's economy, noting that the budget deficit next year will be about 2% of GDP, and the public debt is now equal to 17% of GDP.

Russian President Vladimir Putin said that the share of Russian goods on the Chinese market is constantly growing, speaking at the plenary session of the 23rd annual meeting of the Valdai International Discussion Club.

Russian President Vladimir Putin said that Russia will not nationalize European enterprises and, in a favorable scenario, Western owners will receive their assets back. He noted that some enterprises are coming under temporary management, and external management creates conditions for a response to the possible nationalization of Russian assets in the West. Previously, the assets of Auchan and Leman PRO were transferred under temporary management.