Cold winds hit China

Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most.

Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses from depreciation of the rouble, company spokesman Yang Xueliang told China Daily on Thursday.

In the long run, he said the company will adopt an active but prudent policy in Russia.