The legal basis and function of foreign investment law: comparative research of Russian and Chinese foreign investment law

Purpose: The research of the law of foreign investment in Russia and China. Methodology: The article uses historical, comparative legal and formal logical research methods. Results: The paper analyses the legislative background of foreign investment law and legal system of foreign investment in Russia and China from the perspective of functional analysis of comparative jurisprudence, and to make recommendations for further improvement of foreign investment law of the two countries. Novelty/originality/value: The article is of high scientific value. In Russia and China there are similar sources of law and legal traditions, and the two countries have experienced similar inevitable stages of developing countries. In recent years the two countries have been in a similar international situation, so the comparative research is forward-looking and conducive to strengthening legal understanding and cooperation between them.