Published: 10:35am, 29 Jun, 2019 Updated: 11:06pm, 10 Dec, 2019
The US-China trade war will prompt "more competition and a new wave of development" as China seeks alternative markets to the US, according to Ksenia Sosnina, CEO of Russian paper and pulp firm Ilim Group. The company is eyeing Chinese markets for its high-end recycled products, as relations between Beijing and Moscow improve. "The US has been losing market share in recent years because it was not able to protect itself from China's growing competition," she told DW.