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Wed, May 17, 2017 1,599

China and Russia are planning to set up a joint regional development and cooperation investment fund with a total amount of 100 bln renminbi (around $14.5 bln) to bolster the development of Russia’s Far East and Northeast China.

According to the materials released at the Belt and Road forum, its initial amount totals 10 bln renminbi (about $1.45 bln).

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