A worker passes a line of oil pumping jacks in the Bashneft oilfield outside the village of Nikolo-Beryozovka near Neftekamsk in Russia. The recent acquisition spree by Chinese firms in Russian energy and commodities companies is set to continue into next year, according to a senior banker at the Moscow-based, Russian state-backed investment firm VTB Capital. Photo: Bloomberg
China’s Russian buying spree to continue, says leading Moscow investment bank
Commodity prices rebounding from industry cycle lows is helping further cement the nations’ ties, says co-head of global banking at VTB, the investment banking unit of Russian government-controlled VTB Bank
A worker passes a line of oil pumping jacks in the Bashneft oilfield outside the village of Nikolo-Beryozovka near Neftekamsk in Russia. The recent acquisition spree by Chinese firms in Russian energy and commodities companies is set to continue into next year, according to a senior banker at the Moscow-based, Russian state-backed investment firm VTB Capital. Photo: Bloomberg
