IMF sees US-China tariffs to cut 2020 global growth

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Source: Dukascopy Bank SA
The US-China tariffs could decrease global economic production by 0.5% next year, the IMF warned on Wednesday ahead of the world finance leaders' meeting in Japan scheduled for this weekend.
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Wed, 05 Jun 2019 18:34:13 GMT

Alibaba plans $100M investment in Russia's e-commerce JV

China's Alibaba together with the Russian sovereign wealth fund RDIF are set to invest $100M each in Russia's e-commerce joint venture, RDIF stated on Wednesday, adding it explores further acquisition of the $194M worth shares.

Wed, 05 Jun 2019 16:21:17 GMT

Alibaba to invest $100M in Russian JV

China's Alibaba and RDIF, the Russian sovereign wealth fund, both are set to invest $100M in Russia's joint venture, RDIF stated.

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