Because of its growing economy, China can invest a significant amount of money in foreign markets. However, it looks like China tends to invest more money in the Russian economy, than in any other economy.
As He Zhenwei, the Deputy Secretary-General of the China Overseas Development Association, said, China’s investments in the Russian economy are twice as big as they were five years ago.
From 140 billion dollars that China is investing internationally, 4 billion dollars will go to Russia, and within the next couple of years, this amount can be multiple times bigger. The Chinese are especially interested in financing road and railway projects. This is why China will invest 6 billion dollars in building the first high-speed railway in Russia. According to the project, this rail is just a smaller part of a huge Silk Road project, connecting China and Russia.
Besides Russia, Chinese investments also go to Chile and Brazil, countries with favorable investment conditions, but what makes Russia the priority is its location and good relations between these two countries.
There is a friendship between Russia and China. This is supported by the fact that the Chinese President attended the Victory Day Parade in Moscow earlier this month and two presidents used that opportunity to sign numerous contracts in the field of energy, trade and finance. That was the simple proof of mutual trust and understanding.