Illustration: Kakuen Lau
Illustration: Kakuen Lau

Hobbled US Import-Export bank is given new life to battle an aggressive China

  • As concern over China’s state-subsidised financing grew, the US reopened its Export-Import Bank and created the US International Development Finance Corporation
  • The bank, known as Exim, provides loans, guarantees and financing insurance ‘fully competitive with rates, terms and other conditions’ established by Beijing

Topic |   US-China relations
Illustration: Kakuen Lau
Illustration: Kakuen Lau
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