How Chinese Subsidies Changed the World
An article from the authors of the book “Subsidies to Chinese Industry – State Capitalism, Business Strategy and Trade Policy”, which can be purchased here. In the article, Usha C.V. Haley and George T. Haley analyse the correlation between the booming of Chinese manufacturers and the state funded subsidies to the same industries in the 2000s. The provide as an example the soaring rise of the solar panal industry in China, which happened to be also one of the sectors who profited the most by State Subsidies. Today, the market share is controlled by these same companies. You can find the full article which examines the unfair competition constructed by Chinese State Subsidies here.