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 ...

Mr. Davis is an economics reporter and an author of “Superpower Showdown: How the Battle Between Trump and Xi Threatens a New Cold War.” Competition in China is often far more cutthroat than in the ...

In recent years, neijuan – involution – has been identified as an obstacle to China’s economic development. During last week’s central economic work conference, the country’s leadership emphasised the ...

We wrote about this company not so long ago, and one of the things that struck us was its dramatic financial turnaround. The company lost money for years while selling higher-priced items. But after ...