Wednesday, September 19, 2018
China-Russia Financial Ties to Pick up as Business in Both Countries Encouraged to Use Yuan-Ruble Payment Systems
China-Russia cooperation in finance has been progressing smoothly but not at a high speed, and business from both countries are encouraged to use a yuan-ruble payment system in trade, a former Chinese central bank governor said
BRICS nations have kicked off their first joint project in Russia's Chita region, Shiv Vikram Khemka, vice chairman of SUN Group, a leading principal investor and private equity fund manager in emerging markets, told Radio Sputnik
The Russia-China Investment Fund (RCIF) and China's Tus-Holdings have announced joint investment plans focusing on developing technology, which "would see $1.28 billion investment in the Russian Tushino Project Technology Park,"