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Shipping and offshore's new financiers come from China

Chinese leasing companies have stormed into shipping and offshore accounting for 15 percent of new loans in 2016, according to new figures. ShippingWatch has met two of the new bankers which the maritime industry should start getting used to. "It's strictly commercial," they say.
Xiuzhi Fang (left) and Jerry Jingwei Yang are both confident that leasing companies will play an increasingly significant role in shipping.
Xiuzhi Fang (left) and Jerry Jingwei Yang are both confident that leasing companies will play an increasingly significant role in shipping.
by TOMAS KRISTIANSEN

NEW YORK

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