Deciphering the Effectiveness of Subsidies in China's Economic Model

Friday, 26 April 2024, 12:30

China's subsidies stand out for their remarkable effectiveness within its unique economic framework. The comparison with the US and Europe sheds light on the need for a critical analysis of existing economic strategies, urging a reevaluation towards more successful subsidy approaches.
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Deciphering the Effectiveness of Subsidies in China's Economic Model

Deciphering the Effectiveness of Subsidies in China's Economic Model

China's subsidies have been more effective than in most parts of the world because they are an intrinsic part of a distinct economic model. Instead of focusing on China, the US and Europe need to assess the efficiency of their own strategies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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