US Exim looks to capital markets to up reinsurance; China Hongqiao eyes coal power asset sale; and ADB announces $6.5bn package in response to coronavirus

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• The Export-Import Bank of the United States (US Exim) is eyeing up the expansion of its reinsurance programme and is looking to the capital markets to shoulder some of the risk

• Shandong-based aluminium producer China Hongqiao Group is expected to sell off coal-fired power generation assets for 3 billion yuan ($422 million) as it prepares to move almost one-third of its capacity to hydropower-rich Yunnan province

• The Asian Development Bank (ADB) has announced an initial $6.5 billion package to help countries in their response to the coronavirus pandemic.