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100% owned by China's Ministry of Finance. One of China's largest conglomerates.
|CITIC Group Corporation Ltd||CHN||website|
| Government of the People's Republic of China
owns 100% of CITIC Group Corporation Ltd
|CITIC Group Corporation Ltd|
The 2017 update to the report entitled "Worldwide Investments in Cluster Munitions: a Shared Responsibility" identifies 166 banks and other financial institutions with financial links to cluster munitions producers. This bank is listed in the report's Hall of Shame for having investments in one or more of the 6 cluster munitions producers named in the report between 1 June 2013 to 17 March 2017.
Source: Cluster Munition Coalition (2017)
Between 2013 and 2018 this company paid zero tax on a total income of $8.9 billion, earning the number 26 spot on Michael West's Top 40 Tax Dodgers 2020. West calculated which of Australia's largest companies have paid the least tax, or no tax, on the highest incomes using five years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2020)
This company has corporate citizenship claims on its website, including the areas of environment protection and community services.
Source: company website (2018)
|Government of the People's Republic of China|
Amnesty International has documented widespread human rights violations in China during 2011. An estimated 500,000 people are currently enduring punitive detention without charge or trial, and millions are unable to access the legal system to seek redress for their grievances. Harassment, surveillance, house arrest, and imprisonment of human rights defenders are on the rise, and censorship of the Internet and other media has grown. Repression of minority groups, including Tibetans, Uighurs and Mongolians, and of Falun Gong practitioners and Christians who practice their religion outside state-sanctioned churches continues. While the recent reinstatement of Supreme People's Court review of death penalty cases may result in lower numbers of executions, China remains the leading executioner in the world.
Source: Amnesty International (2012)
This 2012 report by Human Rights Watch documents a wide-range of criticisms of the Chinese government's human rights record from events of 2011.
Source: Human Rights Watch (2012)
Source: Wikipedia with links (2011)
|Subsidiaries||CITIC Ltd (58% owned)|