China aims to heal wounds of ‘involution’ as officials vow to stem bloodletting
- Posted on December 14, 2024
- By South China Morning Post
- 2 Views
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China aims to heal wounds of ‘involution’ as officials vow to stem bloodletting
![](https://cdn.i-scmp.com/sites/default/files/styles/og_image_scmp_generic/public/d8/images/canvas/2024/12/13/c9328f4f-d8de-49f4-aa59-a588219b5785_84bc8eb6.jpg?itok=_uZJUk17&v=1734084865)
Beijing intends to rectify ‘neijuan-style’ competition that has caused overcapacity concerns and taken a toll on profits, especially in new-energy sector.