WTO review of industrial subsidies by China highlights 'lack of transparency'

The WTO's 2021 review highlights China's opaque subsidies in sectors such as aluminium, EVs, and semiconductors. US, EU, South America, Canada, and Indonesia impose trade barriers due to incomplete notifications and unreported incentives, estimated at 1.9 to 6.5 trillion yuan, causing global economic concerns. Bloomberg reports on the impact, particularly in metal imports.