China carmakers get most subsidies; US-sanctioned oil refiner also benefits

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Source: Nikkei Asia
Published: 2026-05-14 15:49 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Asia, Energy, China, Business & Economy, Asia Pacific
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Snippet:
The Ora 5 from Great Wall Motor is displayed at the Beijing auto show on April 24. The company, which topped the list of state subsidy recipients last year, is increasingly pushing exports. © Reuters
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