Global Trade Alert
Global Trade Alert

China: CDB and Eximbank provide CNY 3.56 billion to Kazakh railway company to support locomotive procurement from CRRC Corporation Ltd

Announcement

28 Feb 2025

In February 2025, the China Development Bank (CDB) and the Export-Import Bank of China established a CNY 3.56 billion syndicated loan facility to Kazakhstan's state-owned railway company. The facility supports the export of locomotives by Chinese train maker CRRC Corporation Ltd to Kazakhstan.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Feb 2025

Revocation date:

No revocation date

Updated: 06 Aug 2025
Trade finance In force
In February 2025, the China Development Bank (CDB) and the Export-Import Bank of China established a CNY 3.56 billion (USD 494.8 million) syndicated loan facility to Kazakhstan's state-owned railway c...
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