neijuan

New Business

China’s solar industry vows ‘fight to the end’ against cutthroat competition

China’s solar industry association has pledged to “fight to the end” to curb cutthroat competition driven by oversupply, vowing to…

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New Business

In China’s crippling price wars, an old law’s revision seeks ‘sustainable equilibrium’

It has been a tumultuous couple of months for Alex Xu’s company – a solar panel manufacturer based in eastern…

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New Business

My Take | China’s involution problem is not just about supply but also demand

In economic policy documents, Beijing’s leadership used the term “involution”, neijuan in Chinese, in efforts to combat excessive competition in…

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New Business

China’s steelmakers cool competitive fires as price war cuts profit margins

As a fierce price war threatens to turn their revenues microscopic, China’s steel firms are calling for changes to make…

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New Business

Stop the price wars: China’s state media guns target cutthroat industrial competition

China’s Communist Party mouthpiece has taken another shot at the unsustainable price wars dragging down industrial profits in the world’s…

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New Business

Opinion | Why China’s problem of cutthroat competition demands the world’s attention

When Joseph Schumpeter coined the term “creative destruction”, he might not have realised just how destructive unrestrained competition could be.…

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New Business

China’s regulators must act quickly to stamp out price wars: People’s Daily

China’s Communist Party mouthpiece has run an editorial arguing that regulators must act decisively to prevent the spread of vicious…

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New Business

China’s ‘involution’ trap is hurting nation’s competitiveness, state media warns

Chinese state media has refreshed its calls for local-level governments and businesses to refrain from unhealthy, exhausting competition that is…

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New Business

China’s Xi Jinping calls for economic transition on Guizhou visit

During a visit to the southwestern province of Guizhou – one of China’s poorest and most indebted areas – President…

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New Business

Are China’s biggest firms turning the page on 996-style work culture?

Since late February, the employees of DJI – China’s premier drone maker – have conducted an unusual nightly ritual. At…

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