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 ...
China’s top market regulator has summoned the country’s leading tech companies to demand an end to “involutionary” competition, at the time when the companies are pouring billions of yuan into a Lunar ...
Soumaya Keynes China’s economy is unbalanced. It’s struggling with weak demand and energetically pushing out exports to the rest of the world. You could think of the global economy as a dinner table ...
Involution, as a rising sociocultural phenomenon in contemporary Chinese society, has raised concerns about its potential psychological impact on young people. However, little is known about how ...
China's anti-involution drive faces limits without an overhaul of the nation's tax system: JP Morgan
JP Morgan’s James Sullivan says local governments’ dependence on VAT revenue encourages sustained production, intensifying competition and overcapacity until meaningful tax changes occur. Got a ...
China's inclusion of a call for comprehensive measures to curb "involution-style" competition in its government work report for the first time signals a shift towards supply-side reform, market ...
JP Morgan’s James Sullivan says China’s ‘anti-involution’ drive is expected to unlock ‘real opportunity’ by strengthening its services sector. In contrast, India’s IT services industry which is one of ...
Beijing is trying to curb cutthroat price wars that have broken out in multiple sectors. Caused by overcapacity and insufficient demand, many companies have been locked into an unsustainable spiral of ...
Chinese state media has refreshed its calls for local-level governments and businesses to refrain from unhealthy, exhausting competition that is feared to be damaging the competitiveness of the nation ...
SINGAPORE: When Ma Lingfei, 30, and her startup team of engineers in Shenzhen unveiled their prototype - a state-of-the-art wearable headband designed to monitor and enhance children’s attention spans ...
DUBLIN--(BUSINESS WIRE)--The "Automotive Audio System Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering. Sales of vehicle models equipped with more than 8 speakers have ...
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