SINGAPORE (Standard&Poor's) Aug. 22, 2007--Standard&Poor's Ratings Services today assigned its 'A' senior unsecured long-term local currency debt ratings on Export-Import Bank of China's (China EXIM; A/Positive/A-1) Chinese yuan (CNY) 2 billion bonds issued in Hong Kong. The issue consists of two tranches: a retail tranche of CNY1 billion 3.05% due Aug. 24, 2009, and an institutional tranche of CNY1 billion 3.20% due Aug. 24, 2010. China EXIM is the second mainland bank to issue such bonds in Hong Kong, after the China Development Bank (CDB; A/Positive/A-1) issued CNY5 billion worth of bonds from June 26, 2007, to July 6, 2007. "Standard&Poor's issuer credit ratings on China EXIM reflect expectations of strong support from China's