China: RCIF backs Hyperloop; Cedarlake Capital acquires BMF Group

China: RCIF backs Hyperloop; Cedarlake Capital acquires BMF Group

A customer counts Chinese Yuan notes at a market in Beijing, August 12, 2015. REUTERS/Jason Lee

The Russian-Chinese Investment Fund has backed the Hyperloop project while Cedarlake Capital has acquired a controlling stake in the BMF Group.

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