06.06.2012 - China, Russia sign memorandum over launching of joint fund
China Investment Corporation (CIC), the country's sovereign wealth fund, said Tuesday it had signed a memorandum with Russian Direct Investment Fund (RDIF) over the official launching and basic principles of the China-Russia Investment Fund. The latest progress came after the CIC and RDIF signed a memorandum last year to create the joint fund in an effort to boost economic cooperation between the two countries...............................................Full Article: Source
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