Min Zhu

Min Zhu is a Research Fellow in the School of Economics at the University of Nottingham and a Researcher at the Centre for Inclusive Trade Policy (CITP).  Her research lies in applied microeconomics, with a particular focus on the intersection of international trade and firm performance. Her current work examines the determinants of firms’ international competitiveness, exploring the broad factors that constrain or enhance foreign operations. These include growth in size and productivity, access to financial markets and innovation, as well as product and geographic diversification.

Chinese Industrial Policy Triggers Duties, Reducing the Benefit of Subsidies

In new research, Yusheng Feng, Haishi Li, Siwei Wang, and Min Zhu show that higher industrial subsidies raise the likelihood and severity of foreign antidumping and countervailing duties. These retaliatory duties wipe out roughly a quarter of the revenue growth the subsidies would otherwise create for firms. Failing to address the potential consequences of subsidies may lead governments to overstate the net benefits of industrial policy and fuel deeper trade frictions.

Latest news