China Continues to Prop Up Its Ailing Factories, Adding to Global Glut

Reported subsidies have risen roughly 50% since 2013, based on figures from Shanghai data provider Wind Information Co. Under Chinese accounting standards, such aid can be cash or other perks like subsidized power or land, but doesn't include some other support, such as capital injections from the government as an equity shareholder.

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Experts cite differences in China, which they say is less open about its use of subsidies and more inclined to use them to promote exports. China has repeatedly said it would shutter unneeded factories, without following through... Tensions over lost jobs reflect wider frustrations that China hasn't lived up to all the promises it made when it joined the World Trade Organization in 2001... According to data collected by the WTO, China accounted for around 25% of all anti-dumping measures reported between 1995 and 2014, more than any other nation. The U.S. was the target in about 5% of measures, the data show.