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

Euronews · Jun 1, 2026, 1:28 PM · Also reported by 4 other sources

Why this matters: an international story with cross-border implications worth tracking.

Chinese state subsidies have hit record levels, climbing to nearly 10% of company revenue in the chip sector and distorting markets, according to a new OECD report, published as the EU mulls new measures to counter Beijing's aid.

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