A cargo ship sails into the port in Qingdao, Shandong province, China, on Oct. 13, 2025. AFP via Getty Images
The Organisation for Economic Co-operation and Development (OECD) has found that state subsidies helped drive nearly 60 percent of Chinese firms’ gains in global market share.
The OECD report, released on June 1, said that, compared with other firms based in OECD countries, Chinese firms received an average of three to eight times more government assistance between 2005 and 2024.
