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China is smarter about subsidies than everybody else
The world’s second-biggest economy is backing strategic businesses, like green tech, while the West props up old sectors with political clout, like agriculture.
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channelnewsasia.com
Commentary: China is smarter about subsidies than everybody else
Beijing is stealing a march on its competitors by targeting strategic sectors, says Gillian Tett for the Financial Times.
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afr.com
China is smarter about subsidies than everybody else
The world’s second-biggest economy is backing strategic businesses, like green tech, while the West props up old sectors with political clout, like agriculture.