Facing Russia’s deadline
Chinese in Russia may lose major earnings, and even their jobs, if a new regulation that prevents foreigners from operating retail businesses in Russia is passed.
The regulation targets all foreigners, but hits Chinese hardest. Though many worry about the new regulation, they still cling to hope that the flexible Russian government will relax its proposal before the upcoming deadline.
Chinese retailers in Russia have, for many years, been a key export channel for mainland markets. Around a million Chinese people work in Russia, where Chinese-made products have become increasingly popular.
However, under a Russian law that took effect on January 15, foreigners were limited to making up no more than 40 percent of the vendors in any given market. A new law that will take effect April 1 would completely ban them from all retail business.
The new law, aimed at encouraging Russians to take up jobs in the sector and rid the market of crime rings, would affect some 100,000 Chinese immigrants who work in Russia’s marketsand roadside shops.
According to Russia’s Federal Migration Service, one quarter of all foreign nationals in the country are employed at markets. Almost all these traders, together with seasonal workers in other low-pad sectors like construction, are from the former Soviet Union, China and Vietnam.
“The new regulation is for all foreigners, but the group hit hardest is the Chinese, since many Chinese do retail business in Russia,u Anlin, chairman of the Zhejiang businessmen association in Russia, said.
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