Russia-China fund puts $1b into deals

Investments in joint projects concentrate on infrastructure, tourism and logistics sectors

The Russia-China Investment Fund has sunk about $1 billion into three infrastructure, tourism and logistics deals, and a senior executive told China Daily that investing in agriculture and natural resources sectors will be next on the agenda.

"China is Russia's largest trading partner and an important partner of RDIF," Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said on Monday.