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Chinese firms have not traditionally got involved in export finance.
ECONOMIST: Money in, money out
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"We have been very focused in calling for a breakthrough now, " says Mary Irace, vice president of trade and export finance for the National Foreign Trade Council, a pro-trade industry group in Washington.
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Moreover, these firms might be inclined to help finance alternative export routes, like a pipeline through Kenya.
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So during the financial crisis, as trade finance dried up, the Export-Import Bank lived up to its mission and stepped up to fill the void.
WHITEHOUSE: Boosting American Exports
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But on Monday, Indian Agriculture Minister, Sharad Pawar, asked the Finance Ministry to remove the export ban because there was excess, exportable sugar lying around.
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Most of the money is sitting with the finance ministry and a state-owned export bank, and the money will need to be pooled to be an effective bulwark against speculators, the economist said.
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While conceding holes in the date where oil and finance should be, it says there's a shortfall in export-oriented firms in Scotland.
BBC: Making up lost ground
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Mr. Pearson pointed to the low cost of finance accessible to many German companies and to their often strong performance in export markets.
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