Whether it is the 2008 Beijing Olympics, Shanghai’s USD 44 billion World Expo, or the upcoming Asian Games in Guangzhou, China is seizing the opportunity to showcase its ascension into the upper echelons of world economies. Today, China is the world’s largest exporter and second largest importer, and has officially overtaken Japan as the world’s second largest economy during the second quarter of this year. China’s emergence as an international maritime nation is a recent phenomenon, but its influence has been far-reaching. China owns one of the world’s largest merchant fleets worldwide, is the second largest shipbuilding nation, and its banks are gaining prominence in the global ship financing landscape.
This is only an excerpt of The Changing Topography of Ship Finance in China
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Tags: · Bank of Communications Leasing, China Exim, DnB NOR Bank, ICBC Leasing, Minsheng Financial Leasing, Rodricks Wong, Shanghai Pudong Development Bank, Sinosure
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