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Russia's VTB says China, Gulf countries started to invest more in Russia

Published by Global Banking & Finance Review

Posted on June 4, 2026

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· Last updated: June 4, 2026

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Chinese and Gulf Countries Boost Investment in Russia Amid Geopolitical Changes

Increasing Foreign Investment in Russia

Rising Interest from China and Arab Countries

ST PETERSBURG, June 4 (Reuters) - Companies from China and Arab countries have started to invest more in Russia this year and are ready to increase their investments when the war in Ukraine stops, Andrei Kostin, CEO of Russia's second-largest bank VTB, told Reuters. 

Capital Market Developments

"Particularly in the capital market, there is now a lack of international investment. But we see the changes now. We see that Chinese investors and investors from the Arab countries started to show a big interest in investing in Russia," Kostin said on the sidelines of Russia's biggest economic conference in St.Petersburg. 

Conference Insights and Future Outlook

(Reporting by Gleb Bryanski; Editing by Sharon Singleton)

Key Takeaways

  • China and Arab Gulf investors are increasingly active in Russia’s capital markets amid the drop in Western investment, according to VTB CEO Andrei Kostin. (themoscowtimes.com)
  • China–Russia strategic ties remain strong as President Xi reaffirmed China’s support for Moscow’s interests, reinforcing investment confidence. (investing.com)
  • VTB is expanding its trade services with friendly nations, aiming to process up to 30% of Russia’s foreign economic activity through such partners by 2026. (marketscreener.com)

References

Frequently Asked Questions

Which countries have started to invest more in Russia?
Companies from China and Arab countries have started to invest more in Russia this year.
What type of investments are increasing in Russia?
Investments from Chinese and Gulf countries, especially in Russia's capital market, are increasing.
When are international investors expected to further increase investments in Russia?
International investors are ready to increase investments further when the war in Ukraine stops.
Who reported the increase in foreign investment in Russia?
Andrei Kostin, CEO of Russia's second-largest bank VTB, reported the increase.
At which event were these investment trends discussed?
The investment trends were discussed at Russia's biggest economic conference in St. Petersburg.

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