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Russian Companies Entering the Chinese Market

Author

Listed:
  • Viktor Nikolayevich Kirillov

    (State University of Management, Moscow, Russia)

  • Yuri Anatolievich Savinov

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Evgenija Vadimovna Taranovskaja

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

Given the development of trade and economic relations between Russia and China the exploration of possible ways to enter the foreign market with domestic goods, in particular the Chinese market, is justified. The positive and negative factors influencing the development of mutually beneficial trade relations should also be taken into account. Firstly, the authors give an overview of the difficulties in drafting contract terms due to the differences in regulations; noting the need to take into consideration the differences in the applicable contract law. Secondly, they look into the parties’ approaches to the commercial terms of the contract. Thirdly, examination of different digital platforms offered by Chinese companies in terms of analysing ways in which they can expand Russia’s exports is made.

Suggested Citation

  • Viktor Nikolayevich Kirillov & Yuri Anatolievich Savinov & Evgenija Vadimovna Taranovskaja, 2021. "Russian Companies Entering the Chinese Market," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 10, pages 87-97, October.
    • Handle: RePEc:alq:rufejo:rfej_2021_10_87-97
    DOI: 10.24412/2072-8042-2021-10-87-97
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