Data released by the Eurasian Development Bank (EDB) revealed that China trailed behind rivals Japan and India when it comes to direct investment in Russia. As of the end of 2014, China was only the fourth biggest Asian investor in the Russian economy, having made cumulative direct investment of about $3.37 billion. Japan had invested $14.4 billion in Russia, while India had invested $3.6 billion. Turkey, which is considered an Asian country by EDB, invested about $5.7 billion. Accordingto a report titled‘EAEU and Eurasia: Monitoring and Analysis of Direct Investments,’ which was released in January 2016, the main recipient of Chinese direct. Read more...
Participants at an investment media forum 'It's time for Moscow' held at the city's International Trade Center say Russia's economic crisis brings opportunities, despite the challenging financial climate. The key focus of the event, December 8-10, was how the Russian capital could continue to attract foreign investment at a time of economic and geopolitical turbulence. Moscow remains one of the largest world markets, Sergey Cheremin, head of Moscow's Department for Foreign Economic and International Relations, told the forum. Natural drivers of growth, such as infrastructure objects, still attract foreign companies,. Read more...
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