A joint Russia-China investment body is considering 70 projects totaling $112 billion, Russia’s sovereign wealth fund has announced after an intergovernmental commission meeting in Beijing. On Tuesday, delegations from the Russian Direct Investment Fund (RDIF) and a private equity fund established by the RDIF and China Investment Corporation (CIC) called Russia-China Investment Fund (RCIF) joined the 6th meeting of the Intergovernmental Russian-Chinese Commission for Investment. Apart from the multi-billion dollar cross-border projects, the two sides discussed investment, trade and economic cooperation. Also
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