New Study Said to Detail Chinese Subsidies to Paper Sector

Among the study's findings:

• "Since 2000, China has tripled its paper production..."

• "China's rapid rise in the global paper industry has been fueled by over $33.1 billion in government subsidies from 2002 to 2009."

• "China has no natural competitive advantage in papermaking, and lacks the natural resources to fuel the industry...Despite global overcapacity, China's paper industry has added on average 26% of new capacity every year from 2004... (E)xports have led the development of China's paper industry with detrimental effects on the United States and global economies."