BRIEF

Today's Brief
Economy  ·  16 days ago

Scholar defends China’s industrial policy

A Chinese scholar has dismissed accusations from the United States and other Western nations that state subsidies are the primary driver of China's industrial overcapacity. The official countered that such claims are a 'deliberate smear' intended to undermine China's global trade position. This defense comes as tensions over manufacturing export volumes and protectionist trade policies persist within the World Trade Organization framework.

1 source