Announcement
17 Dec 2020
December 17th, 2020 - Consistent media reports confirmed that a Chinese firm had been prevented from collapse by investment from the State.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
17 Dec 2020
Revocation date:
No revocation date
Announced: 17 Dec 2020
Equity stake
In force
In December 2020, consistent media reports indicate a state-led purchase of CNY 3bn (USD 459m) of Yongcheng Coal and Electricity Ltd after its default. The regional government of the Henan Province wa...
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