Global Trade Alert
Global Trade Alert

China: ADBC provides CNY 1.5 billion to Shache Cotton Industry Co Ltd cotton purchasing operations

Announcement

31 Dec 2023

In 2023, the Agricultural Development Bank of China (ADBC) disclosed providing a CNY 1.5 billion loan to support Xinjiang Cotton Industry Shache Cotton Industry Co Ltd's cotton purchasing operations in Shache County, Xinjiang. 

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2023

Revocation date:

No revocation date

Updated: 31 Dec 2023
State loan In force

In 2023, the Agricultural Development Bank of China (ADBC) disclosed providing a CNY 1.5 billion (approx. USD 211.1 million) state loan to support Xinjiang Cotton Industry Shache Cotton Industry Co...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.