<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.</p>
</abstract>

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

EU Concerns About Chinese Subsidies: What the Evidence Suggests

Kiel Institute for the World Economy; and Kiel Centre for Globalization

Intereconomics

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"EU Concerns About Chinese Subsidies: What the Evidence Suggests"}

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines....

EU Concerns About Chinese Subsidies: What the Evidence Suggests

Data publikacji: 15 sie 2024

Zakres stron: 214 - 221

DOI: https://doi.org/10.2478/ie-2024-0044

© 2024 Frank Bickenbach et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.