Russian Companies Entering the Chinese Market

Authors

  • Viktor Nikolayevich Kirillov State University of Management
  • Yuri Anatolievich Savinov Russian Foreign Trade Academy
  • Evgenija Vadimovna Taranovskaja Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2021-10-87-97

Keywords:

international trade, mutual trade of Russia and China, commercial terms of contract, digital platforms

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 draft ing 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.

Author Biographies

Viktor Nikolayevich Kirillov, State University of Management

Doctor of Economic Sciences, Professor
Place of work, post: State University of Management (99 Ryazanskiy Prospekt, Moscow 109542) - World Economy and International Economic Relations Department

Yuri Anatolievich Savinov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Vorob’evskoe shosse, 6A), Department of international trade and foreign trade of RF - Professor

Evgenija Vadimovna Taranovskaja, Russian Foreign Trade Academy

Candidate of Technical Sciences, Associate Professor
Place of work, post: Russian Foreign Trade Academy, Department of finance and monetary relations - Professor

Published

2024-01-28

How to Cite

Kirillov, V. N., Savinov, Y. A., & Taranovskaja, E. V. (2024). Russian Companies Entering the Chinese Market. Russian Foreign Economic Journal, (10), 87–97. https://doi.org/10.24412.2072-8042-2021-10-87-97

Issue

Section

Foreign trade activity