Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. You know the China story. Population? Huge. Economy? Very huge. Trade surpluses? Really huge. Maybe too huge. Even ...
The word “involution”, or neijuan – referring to excessive competition in social and economic life – has become a common slang term in China. Students, workers and even business leaders have been ...
Continued involution would undermine China's ambition to move up the value chain via 'new productive forces' In economic policy documents, Beijing's leadership used the term "involution", neijuan in ...
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A New Challenge for China’s Economy: ‘Involution’
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 ...
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