Chinese and Russian sovereign wealth funds are ready to double the size of their joint equity fund and increase its investment projects this year.
Kirill Dmitriev, CEO of Russian Direct Investment Fund, told China Daily it plans to double its joint private equity fund with China Investment Corporation to $4 billion.
Six to seven new deals will be made in 2013 thanks to warming bilateral relations.
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Lan Lan via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/vx8WpwXUmEg/
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