World Bank Arm’s Lending to Xinjiang-Linked Firms Questioned
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A U.S. think tank has linked some $486 million in direct loans and investments from an arm of the World Bank to four Chinese companies it says benefit from state-sponsored forced labor programs in Xinjiang.
In the report dated Wednesday, the Atlantic Council named Chenguang Biotech Group Co., Camel Group Co., Jointown Pharmaceutical Group Co. and Century Sunshine Group Holdings Ltd. as getting backing from the International Finance Corp.