This was the most philosophical line I heard from a ride-hailing driver during my trip to Dali before the Spring Festival. He said that it lightly, with a touch of self-mockery, but I could hear the ...
China’s top antitrust body has launched an investigation into competition practices in the online food delivery market, citing concerns that subsidy-driven price wars are distorting the real economy ...
The start-up Function will send practically anyone to a lab for extensive medical testing, no physical required. Is that a good thing? By Kristen V. Brown As Kimberly Crisp approached middle age, ...
China's electric vehicle (EV) sector, once a symbol of the nation's manufacturing ascendancy, is now showing signs of strain. As production far outpaces demand, the industry has entered a phase of ...
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 ...
JP Morgan Asset Management's Marcella Chow shares her China markets outlook and how much Beijing's anti-involution would move markets. Got a confidential news tip? We want to hear from you. Sign up ...
When Jonathan Swerdlin tells you he pours his blood, sweat, and tears into his work, he means it more literally than most company leaders. Swerdlin is the CEO and co-founder of Function Health, a fast ...
HONG KONG, August 13 (Reuters) - Overcapacity has made its way into China’s domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has ...
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Beijing's anti-involution push won't be too drastic as it could lead to higher unemployment
Kelvin Tay from UBS Global Wealth Management CIO says China's involution phenomenon has its cultural root in the Confucianism and addressing the issue would take time and a fine balance given the ...
Eugene Hsiao of Macquarie Capital unpacks China's anti-involution strategy, and how its evolved from previous supply-side reforms that primarily focused on the SOEs, to the private enterprises.
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 ...
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