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13 August 2020 The on-line newspaper devoted to the world of transports 02:07 GMT+2



June 13, 2016

Chinese banks becoming global leaders in ship financing
As Western banks withdraw, Chinese counterparts, with abundant capital, are providing new loans

By Cecily Liu (China Daily)

Chinese lenders are fast becoming global leaders in ship financing, while Western banks are reducing or exiting their shipping loan portfolios. That disengagement is due to increasingly strict capital requirement regulations being enforced as the world's shipping industry faces its worst downturn in three decades ......
Read more on China Daily





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