Huge state subsidies give China unfair edge over foreign rivals, OECD says
1
What Happened
Chinese companies in 15 key industrial sectors received vastly more state support than their international competitors between 2005 and 2024, according to an OECD report released on Monday.
2
Why It Matters
OECD data confirms Beijing’s industrial policy has created a structural subsidy gap that foreign manufacturers cannot match without equivalent state backing.
3
Who's Affected
Huge
OECD