I dont see the big fuss really.
For one i dont get what has Russian and China to do with it? Even if the do, why not? Whats wrong with the internet in those countries now?
The Chinese with all its internet regulations, are still the number one investors and number one technology zone.
In Russia there are no regulations what so ever.
If you are worried about the fact that those countries will spy when they wil have control of those files. Well then...
In Russia the goverment has made a very correct decision and has decided that all websites that collect any information of Russian users, must have by 2017 (or 2018) their database files within Russia or get out. You be surpirsed but all the huge corporation so far complied, including companies like visa and maestro.
With it, the Russian goverment, today, is against any direct goverment inervention in the internet and constantly pushing towards new start ups and begginings