Global Trade Alert
Global Trade Alert

China: Chinese government pledges a further USD 15.1 billion to support 'clean and efficient utilisation of coal'

Announcement

04 May 2022

4 May 2022 - The Chinese government announced it was providing financial support to the domestic coal industry.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 May 2022

Revocation date:

No revocation date

Announced: 04 May 2022
Lending support In force
On 4 May 2022, the People's Bank of China announced it was allocating CNY 100 billion (USD 15.1 billion) to support the domestic coal industry. The support was to come in the form of 'relending', a ty...
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