China’s efforts to curb overcapacity in the new energy sector can act as a window of opportunity for economies seeking to diversify from Chinese suppliers or leverage it to seek concessions in export ...

Increased innovation could alleviate “involution” in China – the cutthroat, low-quality price competition in sectors ranging from electric vehicles (EVs) to food delivery that Beijing has been ...

China’s “anti-involution” policy to tackle deflation, announced in 2024, is still in its early stages. Lower import prices for Chinese goods can ripple through trading partners’ economies. Investors ...

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 ...

Mr. Davis is an economics reporter and an author of “Superpower Showdown: How the Battle Between Trump and Xi Threatens a New Cold War.” Competition in China is often far more cutthroat than in the ...

Instead of being a story of evolution and technological development, the story of China and EVs is one of “involution.” The Chinese economy suffers from an excess of competition. Too many products are ...

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent ...

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 ...

Julian Evans-Pritchard of Capital Economics says Beijing’s ‘anti-involution’ drive is a necessary shock to address industrial overcapacity, though pairing it with demand-side support could soften the ...

The original version of this story appeared in Quanta Magazine. In 1994, an earthquake of a proof shook up the mathematical world. The mathematician Andrew Wiles had finally settled Fermat’s Last ...