Blogs > HNN > SHAME ON THE WORLD BANK

May 18, 2006 11:16 am


SHAME ON THE WORLD BANK



IFC to boost investment in Chinese banking Why? Last I looked China was doing pretty well. In fact many worry she is doing too well. So why should an organization designed to go where others fear to tread go to China? But maybe I am being unfair. This is what the IFC is supposed to do. You decide if investing in China is the way to do it:

The mission of IFC is to promote sustainable private sector investment in developing and transition countries, helping to reduce poverty and improve people's lives. IFC finances private sector investments in the developing world, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses.



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