The issuer credit rating on Export-Import Bank of China (China EXIM) is equalized with the sovereign credit rating on the People's Republic of China (A+/Stable/A-1+). This reflects Standard&Poor's expectation of almost certain likelihood of extraordinary support from the Chinese central government, arising from the critical importance of the bank's policy role and its integral link with the government. China EXIM is a policy bank wholly owned by the central government. The bank provides trade credit to promote the country's exports. In recent years, it has increased the number of loans to foreign entities to further China's foreign and natural resources policies. The China Banking Regulatory Commission applies a zero-risk weighting to bank holdings of bonds that China EXIM
