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China Export Import Bank (China Exim Bank) is the official export credit agency of the Chinese government. The Bank was founded in 1994, and has already become the world's largest export credit agency. Its services include export credits, guarantees, and concessional loans which are an important part of China's foreign aid. China Exim Bank finances many dams, particularly in Africa and Southeast Asia. Its hydropower projects include Kamchay (Cambodia), Mepanda Nkuwa (Mozambique), Merowe (Sudan), and Yeywa (Burma), as well as other dams in Albania, Cambodia, Guinea, Laos, Malaysia, Mozambique, Nepal, the Republic of Congo, Zambia, and elsewhere. The Bank adopted an environmental policy in 2004. International Rivers and Environmental Defense in cooperation with The Corner House, ECA Watch, Friends of the Earth/US, Friends of Nature, Green Watershed, and Pacific Environment issued recommendations regarding China Exim Bank's environmental policy based on international good practice. International Rivers monitors projects financed by China Exim Bank, and supports groups which are affected by them. We encourage a dialogue between affected groups and Chinese institutions, and an open debate about the costs and benefits of China's overseas dams within China. Click here to access China Exim Bank's web page. CONTACT US: Nicole Brewer Peter Bosshard |
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