
OECD: Chinese firms' global market share growth fueled by 3-8x more state subsidies than rivals
OECD report reveals Chinese companies' global market share surge over 20 years is largely due to government subsidies, which are 3-8 times higher than those for competitors in developed nations. This support has driven over 60% of their market share growth, though it hasn't significantly boosted productivity or profitability.

