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Russia-China Investment Fund
The Russia-China Investment Fund (RCIF) is a bilateral cooperation fund created by the Russian Direct Investment Fund and the China Investment Corporation to invest in opportunities linking Russia, the Commonwealth of Independent States, and China. Fundraising RCIF was established in 2012. The initial seed capital of US$2 billion was funded in equal part by the China Investment Corporation, the sovereign wealth fund of China, and the Russian Direct Investment Fund, the sovereign wealth fund of Russia. In October 2018, the RCIF became trilateral with Public Investment Fund, the sovereign wealth fund of Saudi Arabia, contributing US$500 million to the RCIF, raising total capital to US$2.5 billion. The fund continues to seek contributions from new investors. Investments The RCIF was founded to pursue investment opportunities in Russia, members of the Commonwealth of Independent States, and investments in China with a close connection to Russia including China–Russia border infrastr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Direct Investment Fund
The Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the world’s largest institutional investors, direct investment funds, sovereign wealth funds and leading companies. RDIF’s reserved capital under management equals $10 billion. RDIF has invested and committed for this purpose 2.1 trillion rubles, of which RDIF invested 200 billion rubles and 1.9 trillion rubles came from co-investors, partners and banks. RDIF also attracted over $40 billion of foreign capital into the Russian economy through long-term strategic partnerships. Kirill Dmitriev is the RDIF's chief executive officer. History RDIF was founded in June 2011 under the leadership of both Russian President Dmitry Medvedev and Prime Minister Vladimir Putin. In June 2012, RDIF and China Investment Corporation (CIC) established the Rus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Investment Corporation
China Investment Corporation (CIC) (Chinese: 中国投资有限责任公司; pinyin: ''zhōngguó tóuzī yǒuxiàn zérèn gōngsī'') is a sovereign wealth fund that manages part of the People's Republic of China's foreign exchange reserves. China's largest sovereign wealth fund, CIC was established in 2007 with about US$200 billion of assets under management, a number that grew to US$941 billion in 2017 and US$1.2 trillion in 2021. History As of 2007, the People's Republic of China has US$1.4 trillion in currency reserves. (By 2013, US$3.44 trillion.China Investment Corporation Profile Sovereign Wealth Fund Institute. July 2, 2008. Retrieved August 27, 2013.) The China Investment Corporation was established with the intent of using these reserves for the benefit of the state, modeled a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commonwealth Of Independent States
The Commonwealth of Independent States (CIS) is a regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union in 1991. It covers an area of and has an estimated population of 239,796,010. The CIS encourages cooperation in economic, political and military affairs and has certain powers relating to the coordination of trade, finance, lawmaking, and security. It has also promoted cooperation on cross-border crime prevention. As the Soviet Union disintegrated, Belarus, Russia and Ukraine signed the Belovezh Accords on 8 December 1991, declaring that the Union had effectively ceased to exist and proclaimed the CIS in its place. On 21 December, the Alma-Ata Protocol was signed. The Baltic states (Estonia, Latvia and Lithuania), which regard their membership in the Soviet Union as an illegal occupation, chose not to participate. Georgia withdrew its membership in 2008 following the Russo-Georgian War. Ukraine formally ended its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Investment Fund
The Public Investment Fund (PIF; ar, links=no, صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $620 billion (£492 billion). It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has been controlled by Crown Prince Mohammed bin Salman, Saudi Arabia’s ''de facto'' ruler since 2015. It has been characterized as among the least transparent sovereign wealth funds in the world. In 2016, the ''Wall Street Journal'' noted that none of the fund's investments were named. The organization's activities have stirred controversy due to its relationship with the Saudi Arabian government and its human rights record. The fund's domestic investments tend to go to firms owned by elites with long-standing personal connections to the Saudi state. Some of PIF's assets were transferred to the organi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China–Russia Border
The Chinese–Russian border or the Sino-Russian border is the international border between China and Russia. After the final demarcation carried out in the early 2000s, it measures , and is the world's sixth-longest international border. The China–Russian border consists of two non-contiguous sections separated: the long eastern section between Mongolia and North Korea and the much shorter western section between Kazakhstan and Mongolia. Description The eastern border section is over in length. According to a joint estimate published in 1999, it measured at .Sébastien Colin, ''Le développement des relations frontalières entre la Chine et la Russie'', études du CERI n°96, July 2003. (Note: this publication preceded the 2004 final settlement, and thus the estimate may slightly differ from the current number). It starts at the eastern China–Mongolia–Russia tripoint (), marked by the border monument called Tarbagan-Dakh (Ta'erbagan Dahu, Tarvagan Dakh). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Development Bank
The China Development Bank (CDB) () is a development bank in the People's Republic of China (PRC), led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. As one of three policy banks in China, it is responsible for raising funds for large-scale infrastructure projects, including the Three Gorges Dam and the Shanghai Pudong International Airport. Established by the Policy Banks Law of 1994, the bank is described as the engine that powers the national government's economic development policies.CDB History Archived Debts issued by the China Development Bank are owned by local banks and treated as risk-free |
Belt And Road Initiative
The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road ( zh, link=no, 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It is considered a centerpiece of the Chinese leader Xi Jinping's foreign policy. The BRI forms a central component of Xi's "Major Country Diplomacy" ( zh, 大国外交) strategy, which calls for China to assume a greater leadership role for global affairs in accordance with its rising power and status. It has been compared to the American Marshall Plan. , 149 countries were listed as having signed up to the BRI. Xi originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" is short for the " Silk Road Economic Belt," referring to the proposed overland routes for road and rail transportation through landlocked Central A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
