Russia-China fund to target $200m forestry deal
The $4 billion investment fund set up by Russia and China is going to make its maiden investment in a Russian forestry company. The transaction is likely to happen in the next month.
The investment target is one of Russia's largest forestry firms, which exports a substantial amount of wood to China, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), told Reuters. The...
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