China Leads Economic Shift to Industrial ‘Doping,’ OECD Says (opens in new tab)

(Bloomberg) -- Industrial subsidies are reshaping the global economy with China standing out as a provider of state support that risks harmful distortions, according to new data from the OECD.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injured in Iranian Missile