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Vol 1 (AAC) No 9

Published 1st July 2008

China's battling banks

The mighty Chinese banking triad

CHINA EXIM BANK: Established in 1994 under the Policy Banks Law, China Exim Bank is currently the third largest export credit agency in the world. China Exim Bank is tasked with promoting Chinese exports and international investment, offering export buyers' and sellers' credit, international guarantees, loans for overseas construction and investment, and official lines of credit. China Exim Bank has experienced stupendous growth with annual disbursements totalling US$15 billion by 2005.

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