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 ...

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 ...

China’s central bank and foreign‑exchange regulator reiterated the need to curb excessive — or “involution‑style” — competition within the country’s finance industry, framing it as a governance and ...