By TIAN Wenjing ZHANG Chen Xu Yue

tian_wen-jingAccording to statistics released by the National Bureau of Statistics, outbound direct investment from China to Russia was USD 2.961 bn in 2015, up by 367.3% year on year. By the end of 2015, the total amount of Chinese FDI in Russia was USD 14.02 bn, second among all 64 “One Belt, One Road” countries by value. As shown by the “Belt and Road Initiative Big Data Report (2016)” compiled by the Leading Group Office for Promoting “Belt and Road” Construction, Russia tops the list of “One Belt, One Road” countries in terms of cooperation-worthiness. With its vast domestic market, stable political environment, complete infrastructural network and friendliness towards investment from China, Russia is obviously a big magnet for Chinese investment and shows enormous potential.
Continue Reading Investing in Russia? – Lessons learnt from the Yukos and Sanum Cases

By Susan Ning, Chai Zhifeng and Angie Ng

On June 2, 2011, Ministry of Commerce (MOFCOM) publicly announced the first conditional merger clearance in 2011. At its [2011] No. 33 Announcement, MOFCOM cleared Uralkali’s proposed acquisition of Silvinit (the Parties) (both potash producers based in Russia) with conditions.  This is the 7th conditional merger clearance since the enactment of the Anti-monopoly Law (AML) in 2008.   MOFCOM is obliged by statute to publish conditional clearances. 

The following are the salient points to note vis-à-vis this conditional clearance:


Continue Reading The Russian Potash Deal – first conditional clearance of 2011