Source: China – South China Morning PostBaowu Steel Group, the world’s largest steelmaker, has established an investment fund focusing on carbon-neutral projects to bolster China’s ambitions of getting greenhouse emissions under control.The state-owned company said in a statement that it aimed to ultimately raise 50 billion yuan (US$7.73 billion), along with its partners China Pacific Insurance, the National Green Development Fund and CCB Financial Asset Investment. The fundraising target for the first phase is 10 billion yuan.The…Read More