US Exim looks to capital markets to up reinsurance; China Hongqiao eyes coal power asset sale; and ADB announces $6.5bn package in response to coronavirus
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
The Export-Import Bank of the United States (US Exim) is eyeing up the expansion of its reinsurance programme and is looking to the capital markets to shoulder some of the risk
Shandong-based aluminium producer China Hongqiao Group is expected to sell off coal-fired power generation assets for 3 billion yuan ($422 million) as it prepares to move almost one-third of its capacity to hydropower-rich Yunnan province
The Asian Development Bank (ADB) has announced an initial $6.5 billion package to help countries in their response to the coronavirus pandemic.
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