Involution is a structural phenomenon with both domestic and global implications that China’s leaders are dedicated to ...

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 ...

BEIJING — As China's electric vehicle price war intensifies, its top leaders have sounded the alarm with high-profile calls to halt excessive competition, known colloquially as "neijuan" or involution ...

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. Credit: ...

Multiple factors have contributed to overcapacity in China due to intense domestic competition, and though the government has several anti-involution measures in place, it will take time before they ...

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 ...

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 ...

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 ...

Major international organizations, including the World Bank and the International Monetary Fund, have recently raised their ...

For some years now, the Chinese economy has faced what has locally come to be called nêijuân, or an involution. It is a process in which rivals in certain sectors indulge in price wars, attempting to ...