Global Trade Alert
Global Trade Alert

China: Bail out of China National Erzhong Group

Announcement

22 Sep 2015

In September 2015, the government of China announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Sep 2015

Revocation date:

No revocation date

Last action: 22 Sep 2015
Debt purchase In force
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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