Published: July 18th, 2024,
Last updated: July 18th, 2024

The WTO has stated that it lacks sufficient reliable data to adequately assess China’s controversial industrial policy. There is a pervasive lack of transparency, particularly in sectors like electric vehicles, aluminum and steel, the WTO reported from Geneva on Wednesday. The USA and the EU accuse the world’s second-largest economy of heavily subsidizing key industries, which then flood global markets with cheaply produced goods.