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Euronews
Euronews
Peggy Corlin

China's state subsidies up to eight times more than OECD's, report says

Chinese companies received between three and eight times more subsidies than Western firms between 2005 and 2024, according to a report published on Monday by the Organisation for Economic Co-operation and Development (OECD).

The findings come as European policymakers struggle to stem a wave of low-cost Chinese imports across sectors ranging from metals and chemicals to cars and green technologies.

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