China subsidies

China’s Heavy Economic Legacy of State Ownership and Central Planning

by
Is China Following Japan’s Economic Trajectory?

The ongoing tensions between China and the United States underscore the importance of delving deeply into the causes of the former’s stagnating economic growth. Yet the literature concerning China’s economic growth frequently draws comparisons with Japan and other market economies in East Asia, neglecting China’s history as a centrally planned economy with widespread state ownership.  … Read more

China Boosts Semiconductor Subsidies as US Tightens Restrictions

by
China Boosts Semiconductor Subsidies as US Tightens Restrictions

Advertisement Headlines flashed last week as the U.S. Commerce Department finalized guardrails limiting expansion in China by companies receiving subsidies under the 2022 CHIPS and Science Act. Less widely covered, however, was China’s latest round of semiconductor incentives, upping the ante in its effort to reduce reliance on U.S.-controlled technology.  With China already boasting chip … Read more