Corporate and M&A

Norges Bank halts GPFG investment in Li-Ning

By Rüdiger Oberschür 2022-03-15T13:52:00

Li Ning

The Chinese sporting goods manufacturer Li-Ning is suspected of contributing to serious human rights violations in Xinjiang province. The Norwegian Ethics Council made this clear in an assessment at the end of September 2021. The reason is Li-Ning’s cooperation with cotton and textile suppliers who are said to employ a ...

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