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IMF Urges Beijing To Curb Industrial Subsidies As Flood Of Chinese Goods Crushes Global Industrial Bases

IMF Urges Beijing To Curb Industrial Subsidies As Flood Of Chinese Goods Crushes Global Industrial Bases China's factory overcapacity is the result of Beijing's long-running industrial policies. Years of state support have built more factory capacity than domestic demand can absorb in the world's second-largest economy, flooding global markets with…
Zerohedge • 19 hours ago

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