Intro:
Overseas investment in all sectors has risen rapidly since 2004. According to China’s Ministry of Commerce (MOFCOM), outbound direct investment (ODI) in 2013 exceeded US$107 billion. Mining is one of the most important sectors for Chinese outbound investment, ranking in the top four overseas industries since 2004.Chinese mining companies are pursuing overseas projects with support from China’s “going out” strategy, through which the Chinese government encourages companies to expand their operations overseas.
China has become a global actor with an increasingly important role to play in global governance. In the coming years, this role is likely to continue to grow. As a major player in international investment, finance and trade, China is in a unique position to provide a model for other emerging economies seeking to develop overseas investment opportunities.
As a Chinese NGO dedicated to environmental protection, Greenovation Hub has conducted this in-depth study of China’s mining industry in order to contribute to the on-going discussions regarding China’s progress in developing environmental and social standards for investment and finance. Backed by case studies from China, Peru, Laos and Cambodia, the report examines the development of China’s domestic and international mining industries, the impacts of this development and its environmental regulation.
Read the report :
《China's Mining Industry at Home and Overseas: Development, Impacts and Regulation》
《China's Mining Industry at Home and Overseas: CASE STUDIES》
Alert:
- Zijin Mining acquires copper mine in Congo (ZH)
- Chinese companies invest $20B in Peru’s copper mines (ZH)
- Deal Set on China-Led Infrastructure Bank (ZH)
- Statement by the Heads of the Multilateral Development Banks and the IMF on Infrastructure (ZH)
- Guidelines for overseas mining deals announced-Firms urged to focus on sustainable practices and responsible sourcing
Sharing:
- Report:China's Mining Industry at Home and Overseas: Development, Impacts and Regulation (Greenovation Hub)
- Guideline: Guidelines for Social Responsibility in Outbound Mining Investment (China Chamber of Commerce of Metals, Minerals& Chemicals Importers &Exporters)