Euronews
Europe · 3 hrs ago
✦ 78◉ Centre
China's state subsidies up to eight times more than OECD's, report says
78Quality
0Ratings
0Comments
AI Analysis
Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
A new OECD report finds that Chinese state subsidies have reached record levels, with subsidies in the chip sector reaching nearly 10% of company revenue and far exceeding OECD levels, amid EU concerns about market distortion.
China's state subsidies up to eight times more than OECD's, report says
Chinese state subsidies have hit record levels, climbing to nearly 10% of company revenue in the chip sector and distorting markets, according to a new OECD report, published as the EU mulls new measures to counter Beijing's aid.
Discussion 0 comments
Sort:
?
No comments yet — be the first to start the discussion!