CarScoops
The OECD has a special word for China’s $11.4 billion car habit, and it’s doping
Executive Summary
Summary: The OECD reports China spent $11.4 billion subsidising carmakers in 2024, far exceeding support in other regions. The organisation compared the subsidy gap to doping in sports, noting Chinese firms received four times more relative support than OECD-based competitors, creating an uneven global playing field.
Brands mentioned: Chery, BYD, Geely, GM, Chrysler
Read the original at CarScoops
The OECD has a special word for China’s $11.4 billion car habit, and it’s doping