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"In nearly all industries, Chinese firms invest more, are more productive, but earn less profit."
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Jonathon P Sine on X: "OECD does some of the best data work on China & industrial policy. Here they look at 14 manufacturing industries and 482 top firms—⅔ global output, ½ in OECD and ⅓ in China. In nearly all industries, Chinese firms invest more, are more productive, but earn less profit. https://t.co/u8lPsk21Ou" / X
OECD does some of the best data work on China & industrial policy. Here they look at 14 manufacturing industries and 482 top firms—⅔ global output, ½ in OECD and ⅓ in China. In nearly all industries, Chinese firms invest more, are more productive, but earn less profit. https://t.co/u8lPsk21Ou
