Russia-China deal flow kicks into gear

Russia and China are steadily forging the financial infrastructure needed for greater cross-border investment. But there is still a long way to go for the two neighbours.

Russia-China deal flow kicks into gear

Russia and China are forging the financial infrastructure needed for greater cross-border investment and inking some landmark deals, but slowing growth is dragging out negotiations on some projects.

The milestones passed in recent months include the first equity investment by a Russian state-owned entity, Rosneft in a Chinese state-owned enterprise, ChinaChem, and the first Chinese bank loan to a Russian company, MTS, in renminbi.

“There are lots of promising...

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