Greater China
China Exim Bank supports CSSC with credit facility
Beijing: China Exim Bank and China State Shipbuilding Corporation (CSSC) signed a strategic agreement yesterday in Beijing, under which, China Exim Bank will provide a RMB100bn credit facility.
In the meantime, China Exim Bank also signed a letter of intent with CSSC to provide $312m financing for CSSC’s shipbuilding project forbthree 16,000 teu boxships. [29/08/13]