Chinese investments is undercutting Serbian Rule of law

Foreign direct investments and loans from China have in recent years enabled some of Serbia’s largest and most polluting infrastructure projects in coal, mining and transport sectors. These particular investments have been reported to be benefiting from practices that are nothing short of undercutting legal requirements specific to procurement, transparency and environmental permitting procedures.

Response: China’s Pledge to End Coal Projects Met With Cautious Welcome in Europe

Copenhagen, 22 September 2021:- Responding to China’s breakthrough announcement at the United Nations General Assembly on September 21 that it will ’’not build new coal-fired power projects abroad,” Just Finance International and the Western Balkan ‘end coal’ campaign monitoring Belt and Road Initiative coal projects in Southeast Europe welcome Beijing’s move to exit its international coal… Continue reading Response: China’s Pledge to End Coal Projects Met With Cautious Welcome in Europe

UN raises human rights concerns for Beijing-based AIIB’s standalone Mandalika project in Indonesia

UN human rights experts raise serious concerns about a large-scale tourism project in Mandalika, Indonesia. “Where is accountability?” ask project affected communities in an article published by BenarNews. Wawa Wang, Just Finance’s program director, points to gaps in the funder Asia Infrastructure Investments Bank (AIIB)’s environmental and social framework system as partly to blame for… Continue reading UN raises human rights concerns for Beijing-based AIIB’s standalone Mandalika project in Indonesia

Chinese companies in Serbia – disgraced in international operations

Zijin Blacklisted by investors and pension funds Multilateral company Zijin currently operates a copper and mining complex in Bor. The company is accused of severe pollution in several countries and has been found to have violated the UN Convention on Biological Diversity by dumping large amounts of waste into a river in Papua New Guinea.… Continue reading Chinese companies in Serbia – disgraced in international operations