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Russia, China to announce joint yuan fund to invest in Russia: RDIF

Published 06/03/2019, 08:19 AM
Updated 06/03/2019, 08:20 AM
Russia, China to announce joint yuan fund to invest in Russia: RDIF

Russia, China to announce joint yuan fund to invest in Russia: RDIF

MOSCOW (Reuters) - Russia's RDIF sovereign wealth fund plans to announce a new yuan-denominated joint fund with China this week that will invest in Russia, RDIF's head Kirill Dmitriev said on Monday.

He said the announcement would be made at the St Petersburg International Economic Forum on June 6-8, an event chaired by Russian President Vladimir Putin. The forum will be attended this year by China's President Xi Jinping.

Latest comments

Seriously? They are making economic deals not war deals.
This is scary. Two mega communist powers aligned and working against US. End times stuff - biblically predicted as Gog and Magog
Russia is a capitalism country, FYI
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