Global Trade Alert
Global Trade Alert

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China: Establishment of currency swaps

Description

China established currency swaps (Y 650 billion (US$95.2 billion)), to facilitate trade with: Argentina, Belarus, Hong Kong China, Indonesia, South Korea, and Malaysia. A currency swap is a foreign-e...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

02 Apr 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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