Brussels and/or Beijing? Moldova’s opening holds promises and risks
Moldova’s recent turn towards Europe has helped to put the local economy on the map. While the country continues to pursue western integration, there is also an opportunity to benefit from stronger links with China. However, such engagement comes with as many risks as rewards.
On a crisp autumn afternoon in Moldova, a Yandex cab driver drives his BYD car through the streets of Chișinău. “It’s as good as a Lexus,” he said, nodding toward the car’s clean lines and smooth handling. BYD, the Chinese electric vehicle manufacturer, has rapidly expanded its global footprint and its presence in Moldova tells a compelling story. Affordable, efficient and durable, BYD cars are outpacing western rivals in emerging markets.
On a crisp autumn afternoon in Moldova, a Yandex cab driver drives his BYD car through the streets of Chișinău. “It’s as good as a Lexus,” he said, nodding toward the car’s clean lines and smooth handling. BYD, the Chinese electric vehicle manufacturer, has rapidly expanded its global footprint and its presence in Moldova tells a compelling story. Affordable, efficient and durable, BYD cars are outpacing western rivals in emerging markets.
February 28, 2025 - Anda Bologa
