Chinese banks do not only invest heavily in China, but also increasingly beyond national borders, especially in developing countries. The manner in which this takes place is not only of importance to the Chinese, but also to the citizens of these developing countries. How Chinese banks conduct themselves is also important to civil society organisations and international banks that are concerned with issues related to sustainability, poverty reduction and corporate social responsibility. The regulations that apply to Chinese banks and international banking regulations influence one another. This publication attempts to clarify why this is happening and what the consequences are.
Photo by Pieter Jansen
This background paper is the result of the participation of the NGOs BothEnds and Green Watershed at the EU-China NGO Twinning Program of the Stiftung Asienhaus. It primarily describes the work of both NGOs regarding the surveillance of the China's Green Credit Policy guideline from 2008.
Banken und Versicherungen,