Rise of China’s Export Credit Policy Insurance in Eurasia

... institutions and their legacies, is weak. Since 2001, Sinosure has supported Chinese enterprises to export and invest more than US$179.64 billion in SCO economies, paying compensation of nearly US$358 million, and underwriting 420 major projects , such as the Central Asian Gas Pipeline project, steel rolling mills in Kazakhstan and gold mining in Tajikistan. Sinosure’s operations are building public finance institutional legitimacy in China’s external geographies such that China’s firms may invest abroad with confidence, and without having to exit China’s closed capital acount. ‘Insurance + Financing’ ...