Search results
Results from the WOW.Com Content Network
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 2018, during Russian president Vladimir Putin's visit to Beijing, Russia-China Investment Fund and CCT announced agreement to establish a US$1 billion "industrial investment fund". [ 10 ] In March 2024, CCT issued a 1 billion yuan 30-year bond with a 3.35% coupon rate, with the proceeds being used to repay existing debt.
Baring Vostok Capital Partners origins date back to 1994 with the formation of the First NIS Regional Fund. [16] The fund was a joint venture between Baring Asset Management and Sovlink, a Russian-American merchant bank. Baring Bank’s ties to Russia traced back several centuries and Barings was the primary international bank for the Russian ...
A Russia-China AI partnership could raise concerns over censorship, among other issues. Russian President Vladimir Putin continues seeking to expand his challenge of the West's order — this time ...
Russia's trade partners, too, are looking for ways to continue doing business with the country via alternative systems to rival the Western-led, US dollar-dominated global financial order.
China also wanted to be the location of the reserve. [41] In October 2013, Russia's Finance Minister Anton Siluanov said that creating a $100 billion in funds designated to steady currency markets would be taken in early 2014. The Brazilian finance minister, Guido Mantega, confirmed that the fund would be created by March 2014. [42]
The Russian Direct Investment Fund (Russian: Российский фонд прямых инвестиций, RDIF) is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the world's largest ...
China's stock markets surged on Tuesday thanks to pent-up demand from a weeklong trading break — but jittery investors kept a lid on the rally. The country's benchmark CSI 300 Index opened ...