Differing findings of OECD & IMF studies highlight the challenges of accurately measuring Chinese industrial subsidies. Policymakers should avoid using disputed figures to justify protectionism, Nicholas Lardy writes.
piie.comEstimating Industrial Policy Subsidies in ChinaThe differing findings of the OECD and IMF studies highlight the challenges of accurately measuring Chinese industrial subsidies, making the estimates unreliable for shaping trade policy. Policymakers...
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