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 ...

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 ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. China bet big on electric vehicles and artificial intelligence — but now its top leader is starting to ...