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Large, state-controlled lenders China Development Bank Corp. and Export-Import Bank of China are planning to pitch dim-sum bonds in London to investors, said people familiar with the matter.
WSJ: Dim Sum Bonds Get Western Flavor
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Abandoned by the former Harrah's Entertainment Inc. in 2008, Baha Mar last year found a new financial backer in the Export-Import Bank of China and a builder in China State Construction Engineering Corp.
WSJ: Resort Operator Kerzner Becomes Smaller
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Over the past few years, state-owned financial institutions, mainly the Export-Import Bank of China and the China Development Bank, have extended tens of billions of dollars to Brazil, Russia and Kazakhstan, among other countries.
FORBES: Obama Policy Hands China Global Energy Supremacy