Russian President, Putin Highlights the Confiscation of Yiwu Merchandise
Russian president, Putin has been highligted the confiscation of merchandiases that are illegal beyond the law of Russia under the influence of economical crisis, which made the rich merchants whose forture dereaced remarkably under great pressure. But a rich merchant, Izmailov Jerman in Russia, invested more than $1.5 trillion to build a luxious hotel in Turkey.
Cherkizovsky market is under the control of Aster Group which is owned by Izmailov and it is the main source of wealth of Aster Group. Cherkizovsky market, built in the early 1990s, is a wholesale market in Russia, whose goods including apperal, shoes and other daily commodities. There are a lot of Chinese merchants mainly from Yiwu, Zhejiang province of China.