China Shipbuilding Industry Corp (CSIC) called clients and industry guests together in Beijing last month to announce a huge package of orders accompanied by finance deals by subsidiary CSIC Leasing.
One important aspect of the story was overlooked: just how long it has been since a conspicuous announcement of a Chinese lease financing.
Whether in the form of announcements or scoops, news of sale-and-leaseback or newbuilding finance packages used to be relatively frequent.