Harnessing new technologies is one way to enhance project finance work. Another way is to accelerate cooperation with international counterparts. These global policy banks have extensive experience with sovereign lending, and could support Chinese developments banks in their adoption of best practices. Among the international policy banks which could be suitable partners for Chinese policy banks are the Asian Development Bank, the World Bank and France’s Agence Francaise de Développement (AFD).
Finally, the novel coronavirus outbreak has made clear the need for enhanced pandemic prevention and control measures worldwide. At the same time, climate change remains a pressing problem that the international community must work together to resolve. For Chinese policy banks, there is an unprecedented opportunity to undertake project finance work that can support sustainable business practices, environmental protection, and public health...
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