Announcement
01 Nov 2021
November 2021 - According to consistent media reports, the Chinese government bailed out a domestic firm after it posted losses.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Nov 2021
Revocation date:
No revocation date
Updated: 01 Nov 2021
Equity stake
In force
In November 2021, consistent media reporting confirmed that Beijing-based Huarong Asset Management had received a CNY 42 billion (USD 6.6 billion) equity injection bailout from state-backed investors....
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