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Asia-PacificDecember 1 2016

Is China's attention moving towards Russia?

After a contraction in investment levels since 2014, Russia’s first renminbi-denominated bond could signal the beginning of a new age of Chinese interest in the country’s financial potential. Stefanie Linhardt reports.
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Russia is edging towards China – or so the story goes. And the politicians are doing their part. Russian president Vladimir Putin and his Chinese counterpart Xi Jinping have met in China five times since Mr Jinping came to power in 2013, which crucially also includes the period since the introduction of Western sanctions on Russia in early 2014.

But what impact do Chinese investors actually have on Russia? And what is being done to attract them?

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