Rise of China’s Export Credit Policy Insurance in Eurasia
... development finance—export credit agencies. The spearhead of China’s globalization 2.0 export credit agencies is China Export & Credit Insurance Corporation, Sinosure. Sinosure is moving into Belt and Road economies such as Azerbaijian, Kazakhstan and Uzbekistan with a clear mandate to underwrite state lending activities in the region. However lacking competition and without transparency, Sinosure can effectively write its own rules of the game, and ensure that China’s renminbi (RMB) is the currency ...
06.07.2018