On January 9, 2026, China's Ministry of Finance and the State Taxation Administration announced that, from April 1, 2026, to December 31, 2026, the VAT export rebate rate for battery products would be ...
THE term “involution” or curling inward became a common slang in China in the 2020s, to reflect excessive competition in social and economic life, where students, workers and even business leaders ...
China’s energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has announced plans to raise prices by 15 per cent, a move that is sparking ...
A quiet transformation is weaving itself into the fabric of Hong Kong. In recent years, the city’s social and business circles have been energised by a wave of newcomers from across the Chinese ...
Since the Communist Party of China Central Committee put forward the call to comprehensively pursue anti-involution, the market has largely interpreted it as a supply-side policy — essentially "supply ...
China’s “anti-involution” policy to tackle deflation, announced in 2024, is still in its early stages. Lower import prices for Chinese goods can ripple through trading partners’ economies. Investors ...
LONDON, Nov 4 (Reuters) - Could Beijing's solution to overcapacity in China's aluminium sector be a template for other metals? Yes, according to China's state-backed non-ferrous metals industry ...
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 ...
BEIJING, Sept 26 (Reuters) - China's state asset regulator has urged central government-owned enterprises to take the lead in opposing "involution-style competition" to help curb risks. China's ...
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