Russian Fund to Announce Chinese Investors

(St. Petersberg) – Chinese investors will receive at least one seat on the advisory board of the newly-hatched US$ 10 billion, Russian Direct Investment Fund (RDIF), said Kirill Dmitriev, CEO of the fund.

RDIF is a wholly-owned subsidiary of the Russian state development bank Vnesheconombank, known as VEB.

"Next week we will announce some of the leading Chinese people that will join our advisory board," Dmitriev told Caixin June 17 on the sidelines of the St. Petersburg International Economic Forum.