This isn't an edge case. In fact the NYT just did an expose on how this effects China[1]. You will also find this kind of corruption in every other country where the government is allowed to openly partner in private ventures. Heck we did it in America with Boeing under the pretense of security and managed to mothball our entire aviation industry.
For now its an edge case. Thats partially the case because we put such stringent restrictions on the kinds of assistance we can offer, but even in America there are claims of corruption with giving out government assistance.