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2015-05-10 — reuters.com
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The sides agreed to launch a $2 billion investment fund targeting agricultural projects and signed a deal for Russia's Sberbank to open a 6 billion yuan ($966 million) credit line with China Development Bank.
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Russian Transport Minister Maxim Sokolov said the countries would invest 1 trillion roubles ($19.7 billion) in a rail link between Moscow and the Russian city of Kazan to be completed by 2020. Putin said the level of Chinese investment would be around 300 billion roubles.
Although relations are improving, it has not proved as easy as some Russian officials had hoped to secure funds from China, with some suspicion lingering in the relationship.
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