How China’s largest bank ICBC blends global finance with Beijing’s strategic ambitions
2 Articles
2 Articles
How China’s largest bank ICBC blends global finance with Beijing’s strategic ambitions
The Industrial and Commercial Bank of China is a global financial powerhouse, but leaked internal records examined by an international team of journalists suggest its overseas operations cannot always be understood through conventional banking logic alone. The “China Capital” investigation, coordinated by the International Consortium of Investigative Journalists with 23 media partners, examined more than 4.8 million confidential records from two…
A massive archive of millions of confidential documents opens a window into how the world’s largest bank has been used, according to an international journalistic investigation, not only as a financial institution but also as a tool to promote Beijing’s geopolitical and economic interests. The “China Capital” investigation by the International Consortium of Investigative Journalists (ICIJ) is based on 4.8 million files from the Industrial and Co…
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