ShippingWatch

Chinese banks want in on quality shipping

Chinese banks, such as the state-owned China EXIM Bank, will be even more active in coming years and support the government's goal of making shipping yards more sophisticated, states the bank.

Photo: Georg Hammerstein/POLFOTO/ARKIV

SINGAPORE

The major state-owned China EXIM Bank has not been deterred by the crisis in shipping in recent years. On the contrary, the bank, which is number 11 on the global ranking of lenders to shipping, will intensify its engagements in the sector, which corresponds with the Chinese government's desire to maintain and develop the country's shipping yards.

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