F rom our point of view this way should consider: increasing importance of economy of China within the limits of the constant globalization, the structural lacks of the American way of development of stock market bared as a result of crisis, and also specificity of national stock market. H owever interaction of local stock markets of China and Russia, as well as interaction of economy, has positive and negative sides. D epending on degree of cooperation and business coordination development of local stock markets of both countries will change. I t is necessary to represent accurately prospects and threats of the future joint functioning of two developing stock markets.
I n case of working out and installation of uniform system of the purposes and values for joint business the stock market will serve as the catalyst of such processes. I t will lead to the accelerated growth of share indexes, cost of the companies and financial system restoration as a whole. O therwise acceptance of incorrectly weighed decisions can return the Russian economy in dependence on the foreign markets of the capital. R ussia and China have agreed about mutual access on the stock markets.
T he document has allowed involving more actively means and financial institutions of the rich Asian neighbor on the Russian exchange market. China is interested in share rapprochement with Russia. I ts internal stock market is separated from external, and Chinese’s can’t invest abroad. I t leads to that considerable means accumulate in the market and overheat it. E arlier Chinese management already declared the plans to allow putting some category of the investment outside of China. Incomings on our market of a part of huge Chinese investment resources will help transformation of Russia into the international financial center.
T he agreement will improve interbank cooperation between the countries, will strengthen the Russian currency and will expand rubles calculations between Russia and China. A lso It is in a channel of strategy of transformation of rubble in one of reserve currencies. Literature listZaharov A.
Russia needs long term stock market development program//Izvestia, 19.
04.2008Gorelov N. Chiness stock market//
http://www.xelius.ru/tradersbook/82-worldmarket/336−2010;09−21−18−00−17.htmlTanas O. Chine blow markets/Gazete, 8.
09.10Barhatov I.V. Stock market in changing Russian economy// Vestnik of Chelyabinsk state university. — 2009. — № 1Chinese dessiatine is expected in Russia//www.ng.ru
