China's export credit insurance keeps rising in Q1

(Xinhua, Beijing, 22 April 2010 China Export and Credit Insurance Corporation (Sinosure), the sole policy-oriented insurer in China, provided 28.57 billion US dollars worth of export credit insurance service during the first quarter of this year, up  227.7 percent on the previous year. China's state council was expected to arrange US$120 billion of short-term export credit insurance for 2010, and increase the special financing insurance for big complete sets of equipment and their exports by 50 billion US dollars this year.