Subsidies to Chinese Industry: State Capitalism, Business Strategy, and Trade Policy

By Usha C. V. Haley, George T. Haley. 2013

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China's 'Mercantilist' Government Subsidies, the Cost of Debt and Firm Performance (2018, unknown): “Haley and Haley (2013) conservatively estimate that between 1985 and 2005, China spent over $300 billion (in nominal terms) to support the biggest state-owned enterprises (SOEs).”
Global climate policy and deep decarbonization of energy-intensive industries (2017, background): “Energy and capital subsidies have been used extensively in rapidly industrializing countries such as China (Haley & Haley, 2013), but the use of tax exemptions, investment grants and other mechanisms that shield EIIs against global competition is also common in the OECD countries (Åhman & Nilsson,…”