Nikkei Asia News Roundup with Jada and Brian cover image

#40(2024.10.18)"Luxury homes on the rise in India"

Nikkei Asia News Roundup with Jada and Brian

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China's Subsidy Strategy: A Competitive Edge in Global Markets

This chapter explores China's secret subsidies in the electric vehicle industry aimed at boosting global competitiveness. It discusses the impact of these financial incentives on international trade and the responses from the U.S. and Europe regarding tariffs.

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