The central authorities recently urged governments of various levels to take necessary measures to prompt industries to strengthen self-discipline and prevent vicious "involutionary" competition.

Workers operate at a workshop of a lithium battery company in Zaozhuang, East China's Shandong province, Jan 3, 2024. [Photo/Xinhua] The Central Economic Work Conference, which concluded last week, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

The Chinese auto industry has spent the better part of two years waiting for the price war to burn itself out. It hasn’t, and car companies are showing no signs of relenting. Facing declining sales, ...

On March 23, the Beijing Municipal Administration for Market Regulation and several other government departments, summoned and issued administrative guidance to 12 major Chinese internet platforms — ...

[SMM Flash News] State Administration for Market Regulation: Focus on Preventing and Addressing “Involutionary” Competition in Key Industries and Fields Such as the Platform Economy, PV, Lithium ...

At its meeting on Nov. 28, the Chinese Ministry of Industry and Information Technology (MIIT) pledged to accelerate the implementation of targeted policies and measures to curb “irrational competition ...

Demand for the nation’s sovereign bonds is also being supported by rich liquidity in China that’s aiding shorter-tenor debt China’s efforts to curb overcapacity in the new energy sector can act as a ...

China's industrial profits soared 21.6% in September from a year ago. That sharp jump represented the biggest jump since November 2023. For the first nine months of the year, profits at major ...