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Global Trade Alert

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China: Sinosure provides guarantee to support Chinese companies' participation in PV power plant construction project in Saudi Arabia

Description

In 2023, the China Export & Credit Insurance Corporation (Sinosure) provided guarantees worth USD 220 million to support three Chinese construction companies' participation in the Al Shuaibah PV P...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

31 Dec 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

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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