{"id":263093,"date":"2025-07-14T02:25:12","date_gmt":"2025-07-14T02:25:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/263093\/"},"modified":"2025-07-14T02:25:12","modified_gmt":"2025-07-14T02:25:12","slug":"chinese-president-xi-jinpings-war-on-deflation-speeds-up-anti-involution-policy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/263093\/","title":{"rendered":"Chinese President Xi Jinping&#8217;s war on deflation speeds up &#8211; &#8220;Anti &#8211; involution&#8221; policy"},"content":{"rendered":"<p data-start=\"145\" data-end=\"535\" data-v-7f05d5e4=\"\">The term refers to destructive, excessive competition with little progress, gained prominence after President Xi Jinping vowed to regulate chaotic price wars\u2014especially in sectors like solar, EVs, and steel.<\/p>\n<p data-start=\"145\" data-end=\"535\" data-v-7f05d5e4=\"\">Bloomberg (gated) carry the report:<\/p>\n<ul data-v-7f05d5e4=\"\">\n<li data-v-7f05d5e4=\"\">Markets are responding positively. <\/li>\n<li data-v-7f05d5e4=\"\">Mainland Chinese stocks (CSI 300) have outperformed in July<\/li>\n<li data-v-7f05d5e4=\"\">Morgan Stanley now prefers A-shares over Hong Kong listings<\/li>\n<li data-v-7f05d5e4=\"\">Solar and steel companies have seen strong gains, amid hopes for coordinated reforms to reduce overcapacity and improve profitability.<\/li>\n<\/ul>\n<p data-start=\"834\" data-end=\"1073\" data-v-7f05d5e4=\"\">However, this time reform is harder. Overcapacity now spans competitive private-sector industries, unlike the 2015\u20132018 reforms focused on state-run coal and steel. Fierce price wars in tech (e.g., Alibaba, JD.com) highlight the challenge.<\/p>\n<p data-start=\"1075\" data-end=\"1277\" data-is-last-node=\"\" data-is-only-node=\"\" data-v-7f05d5e4=\"\">Addressing these imbalances may also require boosting consumer demand\u2014something Beijing has struggled with. Still, analysts see the government\u2019s new tone as a clear, if early, step toward policy action.<\/p>\n<p>  Later this year,<br \/>\n  <a href=\"https:\/\/www.forexlive.com\/\" target=\"_blank\" data-v-5e3b6b10=\"\" rel=\"noopener\"><b data-v-5e3b6b10=\"\">ForexLive.com<\/b><\/a><br \/>\n  is evolving into<br \/>\n  <a href=\"https:\/\/investinglive.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-5e3b6b10=\"\"><b data-v-5e3b6b10=\"\">investingLive.com<\/b><\/a>, a new destination for intelligent market updates and smarter<br \/>\n  decision-making for investors and traders alike.<\/p>\n","protected":false},"excerpt":{"rendered":"The term refers to destructive, excessive competition with little progress, gained prominence after President Xi Jinping vowed to&hellip;\n","protected":false},"author":2,"featured_media":263094,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,100587,1700,16,15],"class_list":{"0":"post-263093","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china-xi-anti-involution","10":"tag-economy","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/263093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=263093"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/263093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/263094"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=263093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=263093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=263093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}