China’s Fresh Green Debt Is Drying Up as Virus Hits Economy

Financial Post | Mar 26, 2020 at 9:56 PM
  • Green financing for Chinese borrowers has slowed to a trickle due to the virus outbreak, threatening the nation’s goals to clean up its environment.
  • Hong Kong-based developer Swire Properties Ltd. has continued on its green foray this year despite the current crisis.
  • Green loans in China have had a slow open this year though Christophe Cretot, head of debt origination and advisory, Asia Pacific at Credit Agricole CIB, expects volumes to continue to increase.