But the supercharged competition driving that trend is causing problems within China itself, including deflation and thin or negative profit margins. China’s government has recognised the problem, but ...
Companies should ‘uphold a fair and competitive’ environment to ‘foster innovation and healthy development’, regulator says.
In economic policy documents, Beijing’s leadership used the term “involution”, neijuan in Chinese, in efforts to combat excessive competition in market segments such as photovoltaics and lithium ...
The following censorship instructions, issued to the media and internet companies by government authorities, have been leaked and distributed online. The name of the issuing body has been omitted to ...
Eugene Hsiao of Macquarie Capital unpacks China's anti-involution strategy, and how its evolved from previous supply-side reforms that primarily focused on the SOEs, to the private enterprises. Got a ...
The term “involution”, meaning curling inward, became common slang in China in the 2020s to reflect excessive competition in social and economic life, where students, workers and even business leaders ...
Soumaya Keynes China’s economy is unbalanced. It’s struggling with weak demand and energetically pushing out exports to the ...