China, fertiliser and Russia
Financial Times
2019-03-04
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China's sovereign wealth fund has converted its bonds in Russia's Uralkali into equity. As the world's largest consumer of potash, a stake in the world's largest producer of the material used in fertiliser seems like a strategic move. But a lot of unknowns loom over Uralkali and its strategy. Lex's Rob Armstrong and Julia Grindell discuss the move.
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China's sovereign wealth fund has converted its bonds in Russia's Uralkali into equity. As the world's largest consumer of potash, a stake in the world's largest producer of the material used in fertiliser seems like a strategic move. But a lot of unknowns loom over Uralkali and its strategy. Lex's Rob Armstrong and Julia Grindell discuss the move.
For the full film go to www.ft.com/f-type
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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