OECD data reveals that China has gained significant power in global trade over the past 20 years through its industrial policies. The report found that high levels of government subsidies played a decisive role in this growth, with Chinese firms receiving 3 to 8 times more support than their competitors.
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OECD data reveals that China has gained significant power in global trade over the past 20 years through its industrial policies. The report found that high levels of government subsidies played a decisive role in this growth, with Chinese firms receiving 3 to 8 times more support than their competitors.