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China’s ESG Policy Dash  

Chris Hall

Currently, there is no clear definition of what constitutes a “greeninvestment, which has led to a proliferation of green bonds that are not truly environmentally friendly.” ChinaSIF estimates that the size of China’s ESG market in 2022 was RMB 24.6 trillion (US$3.57 trillion) growing from RMB 18.4 trillion in 2021.

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