Russia’s VEB development bank plans $42 billion in funding for projects with China, chairman says

, , Comments Off on Russia’s VEB development bank plans $42 billion in funding for projects with China, chairman says

Russian state development bank VEB plans to provide around 3.5 trillion roubles ($42.74 billion) in funding for joint projects with Chinese businesses, VEB head Igor Shuvalov said on Thursday as the two countries’ leaders held talks in Moscow.