Russia House

editorial

2018-01-15
Celebrating Russian Christmas in Brussels. High Politics and High Society Meet in the Grand Dining Room

by Gilbert Doctorow
More Information...
2018-01-15
The DemocratsТ СRussian DescentТ
Tactics in the Trump probe are starting to look a lot like McCarthyism.

By Kimberley A. Strassel
More Information...
2017-01-15

More Information...
2018-01-12
Social Media Madness: the Russia Canard

by NORMAN SOLOMON
More Information...
2018-01-12
Four Years of Ukraine and the Myths of Maidan
The history of the Ukrainian crisis, which has made everything it affected worse, is distorted by political myths and American media malpractice.

By Stephen F. Cohen
More Information...
2018-01-12
Where Are U.S.-Russia Relations Headed?
Andranik Migranyan shares his thoughts with the National Interest in an exclusive interview.

More Information...
2018-01-12
RUSSIAN FEDERATION SITREP 4 JANUARY 2018

BY PATRICK ARMSTRONG
More Information...
2018-01-11
Seeing the unseen in Ukraine: Why is America sending arms?
Unnoticed by the West, ceasefire talks continue, even as the Pentagon ships weapons to a corrupt Ukrainian regime

By Patrick Lawrence
More Information...
2018-01-11
Arming Ukraine provokes Russia
Trump administration's decision is counterproductive and dangerous

By Rajan Menon and William Ruger
More Information...
2018-01-11
The Times Rides to MuellerТs Rescue

By Patrick J. Buchanan
More Information...
Russia House

2017-09-11

Chinese investments in Russia grow as ties get closer

Economic relations between Russia and China have been steadily improving with the countries working on several joint projects, according to the Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev.

Last year saw a 12 percent growth in Chinese direct investment in Russia, he said in an interview with the Xinhua news agency.

"Despite the positive dynamics of mutual investments, we nevertheless believe that there are ways and instruments to stimulate investment between Russian and Chinese companies," said Dmitriev.

One of the recent business link successes between the countries was the agreement on a Russian-Chinese investment fund worth 68 billion yuan ($10 billion), he said.

The agreement was signed at a meeting between Russian President Vladimir Putin and Chinese President Xi Jinping, who was in Russia in July.

Particular attention, according to Dmitriev, will be given to Russian-Chinese projects in transport and logistics infrastructure, especially under the Belt & Road Initiative, also known as the New Silk Road, and the projects of the Eurasian Economic Union.

"We managed to establish a productive dialogue with our Chinese colleagues, tell them a lot about the real state of affairs in Russia, dispel some myths and show that Russia is an attractive market for investment," said Dmitriev.

Russia and China need to further develop settlements in national currencies and continue eliminating the remaining barriers to the free flow of capital between the countries, he said.

"It is important that both Russia and China understand that current cooperation is mutually beneficial, and this is the guarantee of its further progressive development," Dmitriev concluded.

"RT"