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 ...
China’s intensified fight against cutthroat, low-quality price competition – known as involution – is unlikely to result in supply-side reform of the same magnitude as such reform in 2015, as the ...
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral. Auto parts inside ...
Over the past few months, Chinese people from all walks of life, be they software developers, stay-at-home moms, or elite university students, have all discovered their daily lives can be accurately ...
We wrote about this company not so long ago, and one of the things that struck us was its dramatic financial turnaround. The company lost money for years while selling higher-priced items. But after ...
A Chinese mobile phone displays the icons of the messaging app Weixin, left, or WeChat, from Tencent, and Douyin, the Chinese version iteration of short video app TikTok, from ByteDance. Amid an ...
Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. The writer is a senior adjunct researcher at the Rand Corporation’s China Research Center and senior associate ...
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