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 Chinese Businessmen Bear the Brunt
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240+ Chinese detained in Russia clampdown
China Thursday called upon Russia to guarantee the rights of Chinese businesspeople and workers after reports said more than 240 Chinese had been detained.
$2b in stock stuck in Moscow's grey limbo
Russian authorities also confiscated $2 billion of alleged "smuggled" goods from the Chinese sellers after the Cherkizovsky Market was shut down for "sanitary and fire violations" on June 29, media reports said.
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| Gray Customs Clearance in Focus
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Russia, China vow to block 'gray customs' channels
China said Monday it will work with Russia to restrict the so-called "gray customs clearance" system in a bid to reverse a decline in bilateral trade.
Victims of Russia's flawed policy
Chinese businesspeople have long been exporting goods to Russia by chartered flights and paying farming taxes - a type of customs clearance that is at a 6 to 7 percent discount to the official levy.
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| Possible Solutions
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