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 ...

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 ...

The term “involution”, meaning curling inward, became 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 consumer inflation accelerated to its highest level in nearly two years in November, official data showed on Wednesday, reinforcing signs of a gradual recovery in domestic demand as policy ...

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 ...

China's electric vehicle (EV) sector, once a symbol of the nation's manufacturing ascendancy, is now showing signs of strain. As production far outpaces demand, the industry has entered a phase of ...

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 ...

Mitul Kotecha, Head of FX & EM Macro Strategy, Asia at Barclays, says that Beijing's anti-involution campaign has helped ease deflation pressures, but notes that the policy has also led to concerns ...