Why the Corporate Flight From Russia Is No Precedent for China

Russia has one of the world’s largest economies but many global companies have ceased doing business there due to Russia’s invasion of Ukraine. 400 organizations have left Russia already – with just a few companies still conducting business in the country. The Russian market represents only a small part of business for these large conglomerates, however, for many of these companies, the much larger implication of the pullout is the precedent it could set for a far more important market: China.

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