Abstract

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Title:: Export-Import Bank of the United States loan supporting aerospace export items and its implication

Author(s):: HE Jing; (School of Law, Peking University, Beijing 100871, China)

Keywords:: Export-Import Bank law in 1945; aerospace export items; international aerospace trade; Export-Import Bank of the United States

Abstract:: According to the rules in Export-Import Bank law in 1945, Export-Import Bank of the United States offers loans to support the export of native aerospace products, service and technologies and continuously strengthens the loan force. By doing so, it is not only helpful for aerospace enterprises of the United States to gain market share, but also exerts a profound influence on international aerospace trade. This paper, based on the trade practice and legal provisions, analyzed the loans offered by ExportImport Bank of the United State and the Export-import Bank of China to aerospace export items and it also provided some implications for the development of Chinas aerospace industry: at the country level, policy support and financial security should be offered by the government; at the law level, the Export-Import Bank laws should be enacted and loan regulations should be standardized.