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China: Bank of China signs "Strategic Cooperation Agreement" with a list of property development firms

Description

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with Gemdale Group. The agreement was one of ten amounting to CNY 600 billion (approx. USD 84...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Nov 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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