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.

A customer’s complaint about a disappointing cake kicked off a massive investigation that uncovered thousands of “ghost” food ...

Banking associations, including those in the city of Shanghai, as well as Guangdong, Zhejiang and Anhui provinces, have launched measures to curb "involution-style" competition, targeting ...

We wrote about this company not so long ago, and one of the things that struck us was its dramatic financial turnaround. The company lost money for years while selling higher-priced items. But after ...

China's market regulator on Monday unveiled measures to tackle "involution-style" competition across the platform economy and key new‑energy sectors, as part of greater efforts to advance a fair, high ...

China’s market regulator has told companies including electric vehicle maker BYD and battery giant Contemporary Amperex Technology Ltd (CATL) to compete healthily when expanding overseas, amid ...

For the second year in a row, the phrase "rat-race competition" has made its way into the Government Work Report. Last year's report called for "comprehensive rectification". This year Premier Li ...

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 ...

If one were to judge the priorities of this year's two sessions by the sheer density of cameras and voice recorders, the answer would be unequivocal: it's the economy. As we step into the opening year ...

Baijiu, China’s favourite firewater, is losing its bite. This year retail prices have been hovering around the benchmark of 1,499 yuan ($212) a bottle, as set by Kweichow Moutai, a state-owned giant.

Domestic AI breakthroughs and policy supports have fueled strong rallies in China Tech stocks – FTSE China Tech rose 30% YTD. Technological self-reliance and anti-involution campaigns are widely ...