China Investment Corporation's decision to take a 12.5 per cent stake in Russian potash producer Uralkali makes it less likely that a once powerful Russia-Belarus fertiliser cartel can be revived. A purely financial investor would welcome a return of the producers' alliance. But China, the world's biggest importer of potash, is unlikely to support any move to drive up the cost of the key soil nutrient. The rare direct Chinese investment in a Russian natural resources company comes amid a flare-up in tensions between the former Soviet republics. Shares of the world's major ...
MORE ON MARKETS:
Copyrights © 2022 Business Standard Private Ltd. All rights reserved.
Upgrade To Premium Services
Business Standard is happy to inform you of the launch of "Business Standard Premium Services"
As a premium subscriber you get an across device unfettered access to a range of services which include:
- Access Exclusive content - articles, features & opinion pieces
- Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
- Access to 17 plus years of content archives
- Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
- End of day news alerts on 5 companies (via email)
- NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
In Partnership with
Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.
Team Business Standard