Russia, China To Announce Creation Of New Yuan Fund At SPIEF - RDIF

Muhammad Irfan Published June 03, 2019 | 04:47 PM

The Russian Direct Investment Fund (RDIF) and China, in the framework of the St. Petersburg International Economic Forum (SPIEF), will announce the creation of another yuan fund, focused on investing in Russia, RDIF CEO Kirill Dmitriyev told reporters Monday

MOSCOW (UrduPoint News / Sputnik - 03rd June, 2019) The Russian Direct Investment Fund (RDIF) and China, in the framework of the St. Petersburg International Economic Forum (SPIEF), will announce the creation of another Yuan fund, focused on investing in Russia, RDIF CEO Kirill Dmitriyev told reporters Monday.

"We will announce the creation of another fund in yuan. Also during SPIEF we will announce the launch of another large technological fund between Russia and China," he said.