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: ...
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 ...
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 ...
Over the past few months, Chinese people from all walks of life, be they software developers, stay-at-home moms, or elite university students, have all discovered their daily lives can be accurately ...
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 ...
A statement released at China’s summer Politburo meeting in July included an unusual line about unhealthy competition and “anti-involution”. The word involution, which has been widely used since 2020, ...
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 ...