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China: Sinosure provides state aid to Dalian Shipbuilding Industry Offshore Co., Ltd

Description

On 18 November 2021, the China Export & Credit Insurance Corporation (Sinosure) provided an indemnification of RMB 1.78 billion (USD 278.9 million) to Dalian Shipbuilding Industry Offshore Co., Lt...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Nov 2021

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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