Chinese policymakers are stepping up efforts to stamp out rampant “involution-style” competition across a range of key industries, from traditional areas such as steel and coal to emerging sectors such as photovoltaics, lithium batteries, new-energy vehicles (NEVs) and e-commerce platforms.
In Depth: China Intensifies War on Toxic Competition as Economy Suffers
2025年07月24日 13:40
Policymakers aren’t just focusing on the demand-supply imbalance anymore, but trying to tackle deeper problems, including local government subsidies and unfair corporate practices
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