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.
An increasing number of Chinese defence companies are active in the civilian market in the Western Balkan countries. Read the full interview (in Serbian) with Nils Resare, Senior Researcher at Just Finance here
Serbia Serbia’s purchase of missiles and armed drones made it the first European country to enter a defence cooperation with China. Serbia also allowed Chinese security forces to train on European soil. Read more Bosnia and Herzegovina Bosnia and Herzegovina has received three Chinese donations of military equipment for its army’s Engineering Corps. The last,… Continue reading Increased activity by sanctioned Chinese defence companies in the Western Balkans
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
The gradual weakening of legal requirements for Chinese investments in Serbia is of real concern according to Wawa Wang and Nils Resare at Just Finance. Read the article in the Diplomat. Read more
China continues to be the top financier of coal-fired power internationally. Its state-owned enterprises and development banks are constructing and financing many of the world’s new coal projects, including in Europe where up to 3.5 gigawatts of capacity is planned with support from Chinese state entities. This is increasing the risk that countries participating in… Continue reading The debacle of Chinese financed Kostolac B3 coal-fired power station in Serbia
Serbia has become a hotspot for large scale Chinese investments and lending in highly polluting industries. Some of the activities will leave a deep footprint in the environment and the rule of law. BRI-Europa presents an overview of the most problematic takeovers in the country and explain how they were approved without required transparency and procurement procedures.
The EU must strongly address the growing Chinese influence in Serbia and the impending ecological impacts thereof. Read More
The European Union needs to step up its actions on violations of EU law by Chinese state-owned enterprises (SOEs) in Europe, warned civil society groups working in southeast Europe today (1), as European and Chinese leaders meet online in lieu of the postponed Leipzig summit. Chinese SOEs have been particularly active in southeast Europe in… Continue reading EU-China leaders’ meeting: EU must do more to tackle legal breaches by Chinese companies in Europe, say civil society organisations
Von Wawa Wang, Senior Advisor to VedvarendeEnergi Anfang Juni dieser Woche trafen sich die EU und China, um Differenzen auszuräumen, unter anderem, wie EU-Vizepräsident Josep Borrell es ausdrückte, die „systemische Rivalität“ zwischen der EU und China. Chinas Botschafter bei der EU hingegen sagte ohne Umschweife, dass es keinen „grundlegenden Unterschied“ zwischen beiden gibt. Angesichts der… Continue reading „Neue Seidenstrasse“ in Südosteuropa: Klimaschutzmaßnahmen mit chinesischen Merkmalen?