OECD Links 60 Percent of Chinese Firms Market Gains to State Support

Date:

A cargo ship sails into the port in Qingdao, Shandong province, China, on Oct. 13, 2025. AFP via Getty ImagesThe Organization for Economic Cooperation and Development (OECD) has found that state subsidies helped drive nearly 60 percent of Chinese firms’ gains in global market share.The OECD report, released on June 1, said that, compared with other firms based in OECD countries, Chinese firms received an average of three to eight times more government assistance between 2005 and 2024.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Says He Will Impose 100 Percent Tariff on Generic Drugs in 2028

President Donald Trump speaks during a meeting with Lebanese...

Disciplined Investors Are Hard to Find

CommentaryRecently, I had an enlightening conversation with a retired...

US Household Income Needed to Buy Starter Homes Nearly Doubles Since 2019: Realtor

Household income required to purchase a starter home in...

Riots Break Out in Italy at Left-Wing Protest Over Moroccan Mans Death During Arrest

Sixty-four police officers were injured in Bologna, Italy when...