Russia to set up joint investment funds with Vietnam, Brunei — minister

SOCHI, May 20. /TASS/. Russia is planning to set up joint investment funds with participation of the Russian Direct Investment Fund (RDIF) with certain ASEAN member-states, particularly with Vietnam and Brunei, Economic Development Minister Aleksey Ulyukayev said Friday.

Chinese fund sells off Japanese investments in retaliation

The Chinese government may withdraw investments in Japan as a way to retaliate against the United States and Japan for opposing China’s newly established air defense identification zone. A shareholder listed as SSBT OD05 Omnibus China Treaty 808150, which is widely considered a Chinese sovereign fund, has reduced its Japanese investment by 600 billion yen (US$5.8 billion) between March and September this year, according to our Chinese-language sister paper Want Daily and the Tokyo-based Sankei Shimbun.