China’s energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has announced plans to raise prices by 15 per cent, a move that is sparking ...
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 ...
China's consumer inflation accelerated to its highest level in nearly two years in November, official data showed on Wednesday, reinforcing signs of a gradual recovery in domestic demand as policy ...
A quiet transformation is weaving itself into the fabric of Hong Kong. In recent years, the city’s social and business circles have been energised by a wave of newcomers from across the Chinese ...
If you are feeling dispirited at work or burned out by the general pressure of life, there is a perfect word for you: "involution." The Mandarin Chinese word for "involution" — neijuan — is now a ...
Chinese leader Xi Jinping is convening a key political meeting this week where he will push forward his next five-year strategy to strengthen the world’s second-largest economy in the face of mounting ...
China is gripped by an insidious problem that is eroding its economy: It is trapped in a cycle of competition so fierce that it is destroying profits, driving a brutal rat race among workers and ...
In recent years, China's traditional industries and those with lower technical barriers have faced intensifying competition, with bad money driving out good. This trend threatens long-term industrial ...
BEIJING, Sept 26 (Reuters) - China's state asset regulator has urged central government-owned enterprises to take the lead in opposing "involution-style competition" to help curb risks. China's ...
Mitul Kotecha, Head of FX & EM Macro Strategy, Asia at Barclays, says that Beijing's anti-involution campaign has helped ease deflation pressures, but notes that the policy has also led to concerns ...
Mr. Davis is an economics reporter and an author of “Superpower Showdown: How the Battle Between Trump and Xi Threatens a New Cold War.” Competition in China is often far more cutthroat than in the ...
When the Chinese term first emerged in popular culture in China a few years ago, the initial application was to Chinese students and young people trapped in highly competitive schools and jobs that ...
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