Over the last two decades a number of developing countries led by BRICS held a round of high speed developing period. They are playing more and more important roles in the worlds economy. With a high speed of developing such problems as corruption in business sector increasingly became the focus of attention. This work is a comparative analysis of Russian and Chinese markets in terms of business corruption based on quantitative and qualitative case analysis and small surveys according to various criteria. The aim of this work is to find out the general feature of corruption and show main differences and similarities on corruption practices in Russian Federation and Peoples Republic of China. Along with the comparative study this work also presents general overview on corruption from historical point of view.

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Denis Korobkov, BCom at Moscow State Institute of Int. Relations, MSc in Int. Business at Bologna Uni, MSc Econ at Uppsala Uni.Yue Mingshi, MSc Econ at Uppsala Uni, MSc in Management in ICN Business School. Derivatives Trader at China CITIC Bank.Liu Zhihua, East China Uni of Sci. and Tech., MSc Econ at Uppsala Uni, MSc in Management at ICN BSc.