Scholar rebuts claims state subsidies caused China’s industrial overcapacity
- Posted on August 11, 2026
- By South China Morning Post
- 1 Views
- 1 min read
In brief
A prominent Chinese scholar challenges Western assertions linking government subsidies to industrial overcapacity, arguing that state support represents a legitimate and globally accepted economic strategy. The commentary emphasizes that strategic industrial investments are standard practice across developed nations, questioning the double standards applied to China's economic policies and their alleged role in market imbalances.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Scholar rebuts claims state subsidies caused China’s industrial overcapacity
In People’s Daily commentary piece, Cui Fan says ‘reasonable industrial subsidies … are a globally recognised and legitimate policy tool’.
