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Author:Qu, Yankai
Title:Financing lease: an efficient way to use foreign capital (original in Chinese)
Journal:Chinese Economic Information (c)
1996 : 16, p.24
Index terms:FUND-RAISING
LEASING
FOREIGN INVESTMENT
CAPITAL UTILIZATION
CHINA
Language:chi
Abstract:The foreign shareholders of the Sino-foreign jointly-owned leasing companies are all major foreign banks and large trading companies abroad. 90% of the working capital of these leasing companies provided by foreign banks as foreign shareholders or their correspondent banks. The accumulated foreign funds provided to near 4000 enterprises in China by these Chinese-foreign jointly-owned leasing companies in the recent 15 years have already reached US$ 5 billion. And different airline companies made CAAC have already used about US$ 12 billion by means of financing lease.
SCIMA record nr: 156695
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