News Analysis
A new report from the Organization for Economic Co-operation and Development (OECD) is likely to intensify an already contentious debate in the West over China’s use of state subsidies.
At a time when U.S. and EU policymakers are increasingly focused on Chinese industrial overcapacity, government support programs, and supply-chain security, the report finds that nearly 60 percent of the global market-share gains achieved by Chinese firms over the past two decades can be attributed to state subsidies.
The OECD compared subsidy-driven market gains to the use of performance-enhancing drugs in sports, arguing that subsidies can give less productive competitors an unfair advantage….
OECD Report Fuels Growing Concerns Over China’s Subsidy-Driven Model
