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China EximBank lends nearly 650 bln yuan to foreign trade sector in H1

China

China

China

China EximBank lends nearly 650 bln yuan to foreign trade sector in H1

2026-07-24 21:39 Last Updated At:22:17

The Export-Import Bank of China (China EximBank) issued nearly 650 billion yuan (about 96 billion U.S. dollars) in new loans to the foreign trade sector in the first half of 2026, the bank said on Thursday.

Nearly 40 percent of the total funds were directed toward key market entities and industrial supply chains critical to stabilizing foreign trade, according to the lender.

The policy bank also established dedicated loan quotas to provide targeted financial backing across both goods and services trade, as well as traditional and emerging trade models.

The funds aim to accelerate the development of digital trade and green trade initiatives.

China EximBank lends nearly 650 bln yuan to foreign trade sector in H1

China EximBank lends nearly 650 bln yuan to foreign trade sector in H1

Iraq on Friday denied a foreign media report claiming its prime minister Ali al-Zaidi had delivered a U.S. ceasefire proposal to Tehran, dismissing the report as "entirely unfounded."

The report "bears no relation to reality," according to a statement by al-Zaidi's media office.

The New York Times, citing unnamed Iranian and Iraqi officials, reported on Thursday that Iran had rejected a ceasefire proposal from U.S. President Donald Trump delivered to Tehran by al-Zaidi.

During an official visit to Iran on Thursday, al-Zaidi met Iranian President Masoud Pezeshkian and said Iraq and Iran share intertwined security interests, reaffirming that Baghdad would not allow its soil to be used for threats against Tehran.

The denial came amid heightened tensions across the Middle East, as the United States and Iran exchanged strikes in recent days. The United States has carried out attacks on Iranian targets, while Iran has responded by targeting U.S. bases and facilities across the region.

Iraq denies report of conveying U.S. ceasefire proposal to Iran

Iraq denies report of conveying U.S. ceasefire proposal to Iran

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