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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 multipolar [4] grouping [5] [6] evolved diplomatically, [7] geopolitically [8] and geoeconomically, [8] with their governments meeting annually at formal summits and coordinating multilateral policies since the founding countries of Brazil, Russia, India, and China held the first leaders summit in Russia in 2009 under the name BRIC.
In the first few months following Russian President Vladimir Putin’s invasion of Ukraine, we documented how the voluntary exits of over 1,000+ global companies from Russia (that we helped ...
The exchange and the central bank rushed out statements on Wednesday - a public holiday in Russia - within an hour of Washington announcing a new round of sanctions aimed at cutting the flow of ...
China and Russia have fostered more trade in yuan instead of the dollar in the wake of the Ukraine war, potentially shielding their economies from possible U.S. sanctions.
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes , press releases , financial reports , and original content.
The G7 will explore ways to use the future income from frozen Russian assets to boost funding for war-torn Ukraine, finance chiefs from the Group of Seven industrial democracies said on Saturday ...