Chinese companies seek Putin's assurances

Fosun and LeEco executives ask the Russian president for clarity on business relationships at VTB Capital's investment forum in Moscow.

Chinese companies seek Putin's assurances
Vladimir Putin speaks at VTB Capital's conference

Fosun Group is one of several Chinese companies that have invested in Russia, having established a branch in Moscow in October 2015. A senior manager at the conglomerate had the opportunity this week to ask Russian President Vladimir Putin “which direction of Russia’s economic relationships would be most significant in the long run” when it comes to Asian partners.

Despite Russia’s diplomatic and commercial turn to Asia since 2014, when European and North American countries...

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