Sino-UK efforts are charging ahead
By Cecily Liu | China Daily | Updated: 2018-11-29 07:44
The buzz around green finance is being incorporated into efforts by the United Kingdom to engage with China's financial markets and maintain London's status as a global financial hub despite Brexit uncertainties.
In March, the Lord Mayor of London, Charles Bowman, announced that the British and Chinese governments and private companies would invest up to 10 million pounds ($14.20 million) in funding a UK-China Green Finance Centre to conduct research in this field.
In June, the Industrial and Commercial Bank of China listed a $1.58 billion green bond on the London Stock Exchange, the largest-ever listing of such a bond for the bourse.
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