UPDATE: 13 December 2017China Merchants Bank has become the fourth major Chinese bank to categorically rule out lending to the Adani Carmichael project.In a statement issued directly to Market Forces, China Merchants Bank stated: “China Merchants Bank is not, and does not intend to be involved in the Adani Carmichael Mine … Read More
Keep Chinese investment out of Adani Carmichael
We’ve found out how Adani plans to finance their mega coal mine. And we have two months to stop it. Click to take actionAdani has been talking to China Machinery Engineering Corporation (CMEC), a Chinese state owned enterprise capable of supporting the construction of the mine, but also with the … Read More