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The Economic Times

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China using state power to tighten global supply chain dominance: Report

China is extending industrial policy across its entire economy. This move strengthens its global manufacturing dominance. It also increases the world's reliance on Chinese supply chains. Beijing is doubling down on state intervention. This strategy is accelerating trade dominance and foreign dependencies. Advanced economies face potential erosion in manufacturing competitiveness.

17 May 2026 10:50 am