| The Russia-China Investment Fund (RDIF), a sovereign fund formed by the Russian Direct Investment Fund with the China Investment Corporation, has announced its first investment, awaiting regulatory approval.
The Russia-China fund was formed this summer with an initial seed amount of $1bn from each side.The goal is to double the total size of the fund to $4bn. About 70% of the assets will be invested in Russian companies, with the remainder in Chinese enterprises...............................................Full Article: Source
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