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 ...
Instead of being a story of evolution and technological development, the story of China and EVs is one of “involution.” The Chinese economy suffers from an excess of competition. Too many products are ...
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A New Challenge for China’s Economy: ‘Involution’
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 ...
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