Established in 2014, the New Development Bank was set up by China and the four other BRICS countries (Brazil, Russia, India and South Africa) to finance infrastructure and sustainable development projects in the BRICS and other emerging economies. As of July 2020, the NDB has approved loans of $18.6 billion. Abhimanyu Ghosh, Senior Counsel at the NDB based in the bank's headquarters in Shanghai, discusses his role at the bank, the bank's rapid response to COVID-19, setting environmental and social terms for their loans, as well as how working for a multilateral development bank is different from working for a law firm. The in-house legal team at the NDB was the winner of the In-House Team of the Year International at the recent 2020 China Law and Practice Awards.
Projects Energy and Environment
- November 05, 2020
Multilateral development banks are immune from judicial proceedings, which changes the nature of in-house work
November 04, 2020Myra Gao, head of legal at Danfoss China, has played a critical role in helping her company navigate a turbulent business and investment landscape over the last year. Worsening U.S.-China relations and the COVID-19 pandemic have thrown up difficult challenges for companies in China from supply chain issues to data privacy. In this interview, the winner of the General Counsel of the Year International at China Law and Practice Awards 2020 shares insights into how she helped steer her company through these unprecedented challenges to the point of even forecasting growth this year.
October 30, 2020The first part of a two-part special looking at the work of two leading in-house counsel in China who are delivering value for their employers
October 30, 2020State Council eases investment procedures for telecommunications services, oil products and QFIIs
October 12, 2020The national Negative List is downsized from 40 to 33 items.
July 10, 2020The FTZ Negative List is downsized from 37 to 30 items.
July 10, 2020China opens up oil and gas mining
July 03, 2020Important infrastructure and utilities projects require mandatory invitation of bids.
May 21, 2020China takes steps to promote international oil and gas trade
April 09, 2020
