Announcement
09 Jun 2009
June 9th, 2009 - China's State Council announced it would carry out 'restructuring' to boost its domestic shipbuilding industry. This entailed various credit agreements, a push for the financing of shipbuilders, and tax incentives for companies carrying out mergers and acquisitions.
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Number of interventions
2
0 certainly harmful
2 likely harmful
0 liberalising
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Updated: 09 Jun 2009
Trade finance
In addition to the above, the announcement also calls for banks and other financial institutions to provide 'positive credit measures', such as the 'increase to the amount invested in export buyer ...
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Updated: 09 Jun 2009
Lending support
On the 9th of June 2009, the PRC Central People's Government released a plan to boost China's domestic shipping industry. Among the means mentioned that will be used to carry out this plan, it call...
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