Russian Direct Investments Fund (RDIF) and China Development Bank (CDB) agreed to establish a Russian-Chinese investment cooperation fund.
The Fund will be formed in the Chinese currency; its volume will amount to 68 billion yuans (10 billion dollars). The agreement on its establishment has been signed by the leaders of RDIF and CDB in the presence of the President of Russia Vladimir Putin and the President of the People’s Republic of China Xi Jinping in Moscow.
Sources: http://lenta.ru
Author: Anna Dorozhkina