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 ...
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 ...
Over the past few months, Chinese people from all walks of life, be they software developers, stay-at-home moms, or elite university students, have all discovered their daily lives can be accurately ...
HONG KONG, August 13 (Reuters) - Overcapacity has made its way into China’s domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has ...