China’s Industrial Policy Threatens $650 Billion of G7 Exports, US Chamber Warns

Beijing’s ‘industrial policy of everything’ risks eroding G7 manufacturing competitiveness by up to $650 billion by 2030. 

Workers assemble the Zeekr 001 EV models at the Chinese automaker Zeekr assembly plant, in Ningbo, east China's Zhejiang Province on April 17, 2025. AP Photo/Andy Wong

China’s industrial policies threaten up to $650 billion in manufacturing output from many of the world’s most advanced economies, a new report has warned.

The analysis says Beijing’s strategy risks hollowing out industrial capabilities in G7 countries by 2030.