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Global Trade Alert

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China: Bail out of China National Erzhong Group

Description

According to consistent press reports, on 22 September 2015, China Erzhong Group Co. announced its state-owned mother company would take over its bonds. Days earlier, the smelting-equipment manufactur...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Sep 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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