China pulled into public debate over subsidies by OECD report
Economy
Beijing calls organization’s findings on overcapacity and market share ‘one-sided’
Steel rolls from China are seen after being unloaded at the port of Valparaiso, Chile, on July 10, 2025. © Reuters
TOKYO — China is pushing back after the Organization for Economic Co-operation and Development detailed the outsized subsidies Chinese companies receive, engaging in a public debate over a controversial industrial policy seen as a factor behind overcapacity and global trade imbalances.
