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Search Result for “meituan”

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OPINION

China's uphill fight vs price wars

News, Manishi Raychaudhuri, Published on 14/08/2025

» Overcapacity has made its way into China's domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has responded by launching a so-called "anti-involution" programme to combat deflationary price wars. It's had some early wins, but this could be a lengthy battle.

OPINION

China's unbeatable new export is not a product

Oped, Jeffrey Wu, Published on 24/07/2025

» The Chinese "cannot be allowed to export their way back to prosperity", argues US Secretary of the Treasury Scott Bessent, who claims that China's economy is the "most unbalanced in history". Such remarks reflect the growing fear in Washington that China's overcapacity, subsidies, and dumping are distorting global trade.

OPINION

China blue-collar wave strengthens Xi's G-20 hand

News, Shuli Ren, Published on 28/11/2018

» A blue-collar wave is rising in China -- and buoying Xi Jinping.