China plans to invest up to 10 billion yuan (about $ 1.5 billion) in a timber processing complex in the Krasnoyarsk region in Russia. The vice-governor of the Krasnoyarsk region, Anatoly Tsykalov, said this in an interview in the Russian, after presenting the results of negotiations with Chinese partners held in the framework of the China International Import Expo. “In the initial stage, the Chinese side plans to invest about 1 billion yuan in deep processing of wood and waste products; then a pulp and paper mill will be build, in ...
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