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27 Hu Xiaolian, The Export-Import Bank of China

It is unlikely the chairman’s bank will withdraw from ship finance so long as shipbuilding remains as a strategic industry for China

Cexim has given up its top ship financier post, with its portfolio dropping to $16.5bn at end-2019 from $16.5bn a year earlier, according to Petrofin Research; the Chinese policy bank is facing a major challenge as credit risks rise in the Belt and Road participating countries, where it is a major lender

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