BEIJING — As China's electric vehicle price war intensifies, its top leaders have sounded the alarm with high-profile calls to halt excessive competition, known colloquially as "neijuan" or involution ...
Chinese-style involution is no longer just a domestic issue, it has become a structural risk in the era of globalisations ...
Chinese EV giant BYD slashed prices on May 23, prompting regulators to speak out. Despite that, analysts say that little can be done about the market competition. Falling prices of Chinese car exports ...
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