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05 Jul
09:21

Zhaogang receives investment from Russia-China Fund

China’s leading steel e-commerce platform Zhaogang has received investment from the Russia-China Fund for Strategic Investment (RCFSI), according to updates during the visit of Chinese president Xi Jinping to Russia over 3-4 July. RCFSI president Hu Bing says the investment will help Zhaogang’s strategic movement towards ‘belt & road’ countries, including Russia. Zhaogang has completed its pre-IPO financing round, attracting over CNY …
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