Chinese companies receive up to 8 times more subsidies than OECD peers
Economy
Organization’s new database highlights how Beijing tilts playing field
Semiconductors and solar panels are among the most heavily subsidized industries identified by the OECD. (Nikkei montage/Source photos by Yuki Kohara and Reuters)
TOKYO — A database launched by the Organisation for Economic Co-operation and Development shows that Chinese companies in selected sectors received up to eight times more government subsidies than their peers in OECD countries over the two decades to 2024, underscoring how Beijing has tipped the industrial scales.
