The central authorities recently urged governments of various levels to take necessary measures to prompt industries to strengthen self-discipline and prevent vicious "involutionary" competition.

China’s tea-drink market, with estimated annual sales of 370 billion yuan (US$54.2 billion), has become yet another example ...

Banking associations, including those in the city of Shanghai, as well as Guangdong, Zhejiang and Anhui provinces, have launched measures to curb "involution-style" competition, targeting ...

China's market regulator on Monday unveiled measures to tackle "involution-style" competition across the platform economy and key new‑energy sectors, as part of greater efforts to advance a fair, high ...

The regulators publicly detailed the first wave of violations uncovered during a comprehensive crackdown on the cutthroat, self-defeating competition among digital platforms that the government has ...

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 ...

If one were to judge the priorities of this year's two sessions by the sheer density of cameras and voice recorders, the answer would be unequivocal: it's the economy. As we step into the opening year ...

China’s market regulator summoned major online platform companies on Friday, directing them to comply with laws and regulations, and rein in promotional practices. The State Administration for Market ...

Baijiu, China’s favourite firewater, is losing its bite. This year retail prices have been hovering around the benchmark of 1,499 yuan ($212) a bottle, as set by Kweichow Moutai, a state-owned giant.

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 ...

In recent years, China's traditional industries and those with lower technical barriers have faced intensifying competition, with bad money driving out good. This trend threatens long-term industrial ...