Key facts
- China is the top provider of industrial subsidies globally.
- Industrial subsidies are reshaping the global economy.
- This trend poses risks to global trade and economic stability.
China's extensive use of industrial subsidies is identified as a major force reshaping the global economic landscape. As the foremost provider of state support, China's actions create significant implications for international trade dynamics and overall economic stability. This approach to industrial policy is a key factor influencing global economic trends.