Paris, France, June 1, 2026 (AFP) - State subsidies give China the edge over foreign competitors: OECD

NAMPA / AFP

2026-06-01

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 Monday. The 15 sectors received $108 billion in 2024 alone, according to data compiled by the Organisation for Economic Cooperation and Development in its Manufacturing Groups and Industrial Corporations (MAGIC) database. "Chinese firms received on average three to eight......

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