Chinese manufacturers receive nine times more government support than their Western counterparts, according to calculations from the Organisation for Economic Co-operation and Development (OECD) which help explain the country’s complete dominance in so many sectors, from solar panels and batteries to steel.
Source link : https://news.sky.com/story/chinese-companies-receive-far-more-state-support-making-it-harder-for-western-businesses-to-compete-data-suggests-13127191
Author :
Publish date : 2024-05-02 05:46:00
Copyright for syndicated content belongs to the linked Source.
Data suggests why Chinese manufacturers dominate in so many sectors
