China has rejected a recent OECD report that said its firms receive far higher government subsidies than international peers, calling the findings “one-sided and arbitrary” at a time when EU concerns over Beijing’s industrial policy are intensifying. “The report’s definition of ‘subsidies’ lacks a unified standard and statistical framework, and deviates from consensus under multilateral frameworks such as the World Trade Organization,” the Ministry of Commerce said in a statement on...
Chinese investment in Europe hit a seven-year high of €16.8 billion (US$19.5 billion) in 2025, driven by a strong rebound in mergers and acquisitions (M&A) and record greenfield completions, a new report has found. But the annual study, published on Tuesday by Rhodium Group and the Mercator Institute for China Studies, cautioned that the pipeline may be thinning, with newly announced projects falling under pressure from Beijing’s push to retain industrial capacity at home and Europe’s growing...
German companies in China have grown more optimistic about the country’s economic outlook, even as the Iran war and persistent trade tensions continue to weigh on their operations, according to the German Chamber of Commerce in China. In a survey released on Tuesday, the chamber found that 37 per cent of respondents expected China’s economy to improve over the next six months. That was up 22 percentage points from last year, with only 17 per cent anticipating a deterioration – a sharp reversal...