Announcement
04 Mar 2016
March 2016 - the CDB revealed in a press conference that it provided $878m of loans to support the Aluminium Coporation of China's efforts in expanding the Toromocho Copper Mine in Peru in 2015 alone. The mine is responsible for 12.4% of China's entire copper demand.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2015
Revocation date:
No revocation date
Updated: 04 Mar 2016
Financial assistance in foreign market
In force
In March 2016, the China Development Bank (CDB) announced it had given loans totalling 878m USD to the China Aluminium Corporation's Toromocho copper mine in Peru. Peru is a major source of copper ...
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