Subsidies
Geopolitics
Macro
OECD Quantifies China’s Subsidy Edge at 8:1, Exposing WTO’s Structural Failure
New data reveals Chinese firms received up to eight times more state support than Western competitors across two decades, with subsidies reaching 10% of revenue in strategic sectors.
Macro
Markets
BYD’s Profit Collapse Exposes China’s Subsidy-Dependent EV Model
Net profit down 19% as subsidy withdrawal reveals structural fragility beneath China's electric vehicle dominance.
Geopolitics
Macro
China’s Q1 Growth Surprise Resets Trade War Calculus
Beijing's 5.4% GDP expansion defies Western forecasts and strengthens its negotiating position as Washington weighs next-phase tariffs on strategic industries.