Russia expects a surge in Asian investment
Russia's "pivot to East" continues, which will make Russia-China ties even more dynamic through bilateral trade, cross-border initiatives and corporate deals. Russia's economic recovery, along with Asian institutional and private investors' decision to venture overseas, is creating a positive trade and investment environment.
The International Monetary Fund predicts strong near-term Asian outlook. Despite potential tighter monetary policy and curbs on domestic asset prices, China's GDP is still expected to grow 6.5 percent a year and the country is expected to be a leading cross-border investor by 2020, with global offshore assets tripling to nearly $20 trillion. And China's global stock of outbound foreign direct investment, including investment in corporate mergers and acquisitions, and startups, may increase to about $2 trillion by 2020.
There is also a rapidly growing pool of Asian capital that must be invested. According to PricewaterhouseCoopers, assets under management in the Asia-Pacific region will increase from $7.7 trillion in 2012 to $16.2 trillion by 2020. Pension fund assets alone will grow by 9.5 percent a year to $6.5 trillion by 2020.