Even as China floods the world’s markets with electronics, electric cars, and other high-tech goods, its own domestic demand for most products remains stubbornly weak. Retail sales are low. Oversupply ...
“Involution” (内卷化) has taken the Chinese internet by storm in the last two years, becoming one of the most commonly used terms online in 2020. It implies a growing sense of futility that many young ...
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 ...
If you are feeling dispirited at work or burned out by the general pressure of life, there is a perfect word for you: "involution." The Mandarin Chinese word for "involution" — neijuan — is now a ...
Last September, a student at Beijing’s élite Tsinghua University was caught on video riding his bike at night and working on a laptop propped on his handlebars. The footage circulated on Chinese ...
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 ...
As the period covered by China’s next five-year plan begins, the official newspaper of the country’s ruling Communist Party urged local governments to curb the herd behaviour that could fuel ...
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 ...
A Chinese mobile phone displays the icons of the messaging app Weixin, left, or WeChat, from Tencent, and Douyin, the Chinese version iteration of short video app TikTok, from ByteDance. Credit: ...
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