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Chinese investment to Russia may more than double within 5 years — expert

May 19, 2015, 21:26 UTC+3 MOSCOW
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MOSCOW, May 19. /TASS/. Chinese investors may boost investment in the Russian economy by 150% within the next 5 years from $4 bln to $10 bln if conditions are favorable, Deputy Secretary-general of the China Overseas Development Association He Zhenwei told TASS after the ceremony of signing a memorandum of understanding and cooperation in the investment area on Tuesday.

Russia’s business ombudsman Boris Titov signed the document from the Russian side.

 

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