The central authorities recently urged governments of various levels to take necessary measures to prompt industries to strengthen self-discipline and prevent vicious "involutionary" competition.
On January 9, 2026, China's Ministry of Finance and the State Taxation Administration announced that, from April 1, 2026, to December 31, 2026, the VAT export rebate rate for battery products would be ...
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 ...
Since the Communist Party of China Central Committee put forward the call to comprehensively pursue anti-involution, the market has largely interpreted it as a supply-side policy — essentially "supply ...
Involution, as a rising sociocultural phenomenon in contemporary Chinese society, has raised concerns about its potential psychological impact on young people. However, little is known about how ...
China’s efforts to curb overcapacity in the new energy sector can act as a window of opportunity for economies seeking to diversify from Chinese suppliers or leverage it to seek concessions in export ...
China’s “anti-involution” policy to tackle deflation, announced in 2024, is still in its early stages. Lower import prices for Chinese goods can ripple through trading partners’ economies. Investors ...
Investing.com - China’s government has a deflation problem. Downward price pressures in the world’s second-biggest economy persisted into September, when consumer and producer prices contracted from a ...
The term “involution”内巻[nèi juǎn]) originally referred to social problems in China related to excessive competition (Note 1). Especially among the younger generations, it was at first used to ...
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 ...
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 ...
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