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China Pollution, Dam Activists Win Goldman Prize

Chinese environmental activist Ma Jun and Ikal Angelei, a Kenyan campaigner against a China-backed dam in Ethiopia, are among the recipients of this year’s Goldman Environmental Prize. From the Goldman Prize’s...

China Bank to Fund Controversial African Dam

International Rivers has confirmed that the Industrial and Commercial Bank of China is backing Ethiopia’s controversial Gibe 3 dam, whose generating equipment is to be provided by the Dongfang Electric Corporation. While...

China to Extend Africa Acquisitions

From the FT.com (subscription required): China is readying to move into Africa on a scale that far outstrips its acquisitions on the continent to date, according to the South African bank that is laying the groundwork....

Chinese Banks Report Leap in Profits

From the Financial Times: China’s three largest banks reported huge profit jumps in the first quarter in what may mark a peak in earnings this year as government measures to curb loan growth and tackle inflation start to bite....

Subprime Holdings Damp China Bank Profits

Chinese banks reported increased profits in 2007, but they’ve suffered in recent months as a result of the U.S.’s subprime-mortgage crisis. From Reuters Via Financial Times : Industrial & Commercial Bank of...

China Banks’ Profits Set to Soar

From Financial Times : Chinese banks will announce record profits for 2007 in the coming weeks in contrast with their global counterparts, which have been forced into large write-offs in the wake of the credit crisis. But 2008...

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