China’s Problem With Competition: There’s Too Much of It

The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral. [Source]

Origin: nytimes.com

Category: Prices (Fares, Fees and Rates)

Topics: spiral, deflationary, country’s, fueling, companies, local, hurting, competition, excessive, “involution, calls, steps, taking, government, Chinese, There’s, Competition, Problem, China’s

Source: https://www.nytimes.com/2025/07/22/business/china-involution-competition-deflation.html