The capitalization of China's stock market will account for 20 percent of the global total by 2030, supported by the privatization of State-owned enterprises, British bank Standard Chartered Plc has forecast. That share will put China just behind the United States, which is forecast to account for 21 percent of the world's total equity market value.
China's GDP is expected to exceed that of the United States in 2022, according to a report by Standard Chartered Bank forecasting the global economic outlook in 2030. The report, released on Thursday, said that the success of China's reform holds the key to its economy, which will grow at a rate of 7 percent between 2013 to 2020 and 5.3 percent between 2021 to 2030.
The Russian Direct Investment Fund (RDIF) and the Korea Investment Corporation (KIC) have signed a memorandum to form the Russian-Korean Investment Platform.
The investment platform will focus on cross-border investments which fulfill Russian-Korean strategic interests. The parties intend to invest in companies and projects that facilitate trade and encourage investment cooperation between the two countries.
During the summer of 2013, Caderus conducted a research on the Chinese asset management industry. Caderus contacted many QDII funds and insurance fund managers, trust managers, hedge-fund managers, as well as many other participants of the Chinese asset management industry.
Russia-China Investment Fund (RCIF) has completed the acquisition of an approximately 42% stake in RFP Group (Russian forest products group), a leading forestry holding company in Russia’s Far East.
RCIF’s investment in the company will support the construction of the “Center for deep wood processing”, the biggest in the region. The investment by RCIF supports the company’s strategy to further develop high value-added wood processing.
The Russian Direct Investment Fund (RDIF) and Abu-Dhabi’s Department of Finance announce the creation of the partnership to invest in Russian infrastructure projects and develop cross-border investment cooperation.
Under the agreement Abu-Dhabi’s Department of Finance will invest up to $5 billion in the partnership.