SINGAPORE (Standard&Poor's) July 4, 2005--Standard&Poor's Ratings Services today assigned its 'BBB+' senior unsecured long-term foreign currency ratings to Export-Import Bank of China's (China EXIM; BBB+/Stable/A-2) proposed U.S. dollar global notes. "Standard&Poor's issuer credit ratings on China EXIM are the same as those assigned to China (BBB+/Positive/A-2), reflecting the strong support from the government and the bank's policy role in promoting export financing," said Standard&Poor's credit analyst Ping Chew. "The ratings also reflect China EXIM's key role as the country's conduit for foreign official funding for projects within China, as well as for Chinese government concessional lending to other countries," Mr. Chew added. Unlike other countries' export credit agencies, the sole ownership of
