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The Russia-China Investment Fund (Russian: Российско-Китайский Инвестиционный Фонд, Chinese: 中俄投资基金), abbreviated as the RCIF (РКИФ), is a bilateral cooperation fund created by the Russian Direct Investment Fund and the China Investment Corporation to invest in opportunities linking Russia, the Commonwealth of Independent States, and China.
In June 2012, RDIF and China Investment Corporation (CIC) established the Russian-Chinese Investment Fund. [2] On 2 June 2016, President of the Russian Federation Vladimir Putin signed Federal Law on the Russian Direct Investment Fund changing the status of RDIF. According to the law, RDIF became the sovereign wealth fund of the Russian ...
The Brookings Institution, often stylized as Brookings, [3] is an American think tank that conducts research and education in the social sciences, primarily in economics (and tax policy), metropolitan policy, governance, foreign policy, global economy, and economic development.
(Reuters) -New U.S. sanctions against Russia have forced an immediate suspension of trading in dollars and euros on its leading financial marketplace, the Moscow Exchange. The exchange and the ...
Imports in billion USD Rank Country Import (2017) 1. China (economy, trading partners) 110.97 （2023) 2. Germany (economy, trading partners) 27.3 3. Belarus (economy, trading partners)
After the U.S. and its allies sanctioned Russia in 2022 for its invasion of Ukraine, Moscow turned away from the dollar and euro in international transactions and relied more on China’s yuan.
The fund’s diversity makes it a safer investment than any single stock in its portfolio. Data was compiled on Feb. 2, 2023, and is subject to change. Information on analyst ratings was sourced ...
The rainy-day Reserve Fund is used to buffer the national budget, which is strongly tied to the price of crude oil. The two funds were the Reserve Fund (SFRF), which was invested abroad in low-yield securities and used when oil and gas incomes fall, and the National Wealth Fund, which invests in riskier, higher return vehicles, as well as federal budget expenditures. [2]