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China EximBank extends over 420 bln yuan of loans to manufacturing sector in H1

China

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China EximBank extends over 420 bln yuan of loans to manufacturing sector in H1

2025-07-24 16:19 Last Updated At:19:37

The Export-Import Bank of China (China EximBank) said on Thursday that it has issued 420 billion yuan (around 58.7 billion U.S. dollars) of loans to the country's manufacturing industry in the first half of this year.

The bank has launched comprehensive financial services fully covering the research and development, production and export processes to support China's export of "new trio" products, namely electric vehicles, lithium-ion batteries and photovoltaic products, and large complete sets of equipment.

The bank has implemented differentiated measures in credit rating access and collateral requirements to meet the demands of tech-intensive startups and strengthened financial support for new technologies, new arenas and new markets to accelerate the development of new growth drivers and strengths.

The China Eximbank is a state-funded and state-owned policy bank supporting China's foreign trade, investment, and international economic cooperation.

China EximBank extends over 420 bln yuan of loans to manufacturing sector in H1

China EximBank extends over 420 bln yuan of loans to manufacturing sector in H1

A Japanese lawmaker has raised concerns over Japan's push to expand its military and its nuclear policy.

Responding to some politicians' dangerous tendency towards possessing nuclear weapons, Takara Sachika, a member of Japan's House of Councilors, said that Japan's push to strengthen its military, combined with what she called a misguided nuclear policy, not only heightens regional tensions but also directly threatens regional security.

"I think this is completely unacceptable. Japan is a country that has suffered atomic bombings and is one of the nations most aware of the threat posed by nuclear weapons. Yet such a country is openly discussing the issue of possessing nuclear weapons and even attempting to revise the principle of not allowing the introduction of nuclear weapons, one of the Three Non-Nuclear Principles. This is an extremely serious problem," Takara said.

Takara said the Japanese government's tendency to expand its military capabilities is completely contrary to the Constitution.

"From the perspective of Japan's Constitution, Japan should never have adopted a policy of ensuring security by strengthening military capabilities. Yet today, enormous effort is being poured into military expansion, and that in itself is a serious problem," said the lawmaker.

At a Diet meeting in early November 2025, Japanese Prime Minister Sanae Takaichi said that what she described as the Chinese central authorities' "use of force on Taiwan" could constitute a "survival-threatening situation" for Japan, and suggested the possibility of armed intervention in the Taiwan Strait, drawing strong criticism worldwide.

Takara urged Takaichi to retract her erroneous remarks as soon as possible.

"I think there is a very big problem with making such remarks that provoke other countries. It is necessary to thoroughly examine the facts as soon as possible and withdraw the relevant remarks," she said.

Japanese lawmaker criticizes nuclear weapons remarks as threat to regional security

Japanese lawmaker criticizes nuclear weapons remarks as threat to regional security

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