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The namesake of the Brookings Institution's China Center chairs a company that facilitates investments in China's global infrastructure initiative and has served on the board of an alleged Chinese propaganda agency, facts that were not disclosed in Brookings literature on those topics.
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The clean energy transition means international banks are making some tough decisions – but it also provides an opportunity for junior bankers to shine.
Bankers in natural resources and metals and mining have endured a tough time in Asia in recent years, with a number struggling to hit their budgets.
Now as big banks remodel these sector teams to better serve the sustainability needs of their corporate clients as they transition their portfolios to clean energy, some fallout is inevitable.
In March, Recently, Citi brought together its chemicals, energy and power teams to form a new group called Natural Resources and Clean Energy Transition Group (NRCET). The US bank has since announced the global leadership of its clean energy transition (CET) team, which organises coverage of clients into a range of sub-sectors covering environment services such as energy-technology and equipment, hydrogen, and bio fuels.