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.
Even as China floods the world’s markets with electronics, electric cars, and other high-tech goods, its own domestic demand for most products remains stubbornly weak. Retail sales are low. Oversupply ...
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 ...
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Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
Chinese EV giant BYD slashed prices on May 23, prompting regulators to speak out. Despite that, analysts say that little can be done about the market competition. Falling prices of Chinese car exports ...
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 ...
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 ...
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