{"id":26774,"date":"2025-06-30T09:35:14","date_gmt":"2025-06-30T09:35:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/26774\/"},"modified":"2025-06-30T09:35:14","modified_gmt":"2025-06-30T09:35:14","slug":"stop-the-price-wars-chinas-state-media-guns-target-cutthroat-industrial-competition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/26774\/","title":{"rendered":"Stop the price wars: China\u2019s state media guns target cutthroat industrial competition"},"content":{"rendered":"<p>China\u2019s Communist Party mouthpiece has taken another shot at the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3291163\/what-neijuan-and-why-it-worrying-chinas-economic-policymakers?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">unsustainable price wars<\/a> dragging down industrial profits in the world\u2019s second-biggest economy, urging firms to abandon the race to the bottom and refocus on quality.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Neijuan, also known as \u201cinvolution\u201d, refers to a self-defeating cycle of excessive competition.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cSolar module prices have tumbled to just 0.6 yuan per watt, prices have been slashed on over a hundred EV models while producers of energy storage equipment seek to underbid each other in the race for orders,\u201d the editorial said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cDisorderly price undercutting and homogeneous competition have infested many industries, distorting the market mechanism.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cIt is a race to the bottom and will weaken the competitiveness of the entire industry.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s Communist Party mouthpiece has taken another shot at the unsustainable price wars dragging down industrial profits in&hellip;\n","protected":false},"author":3,"featured_media":26775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[19979,9710,64,21767,74,23366,17437,79,4489,2012,23370,23369,23367,1981,23371,23368,67,132,68],"class_list":{"0":"post-26774","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-batteries","9":"tag-beijing","10":"tag-business","11":"tag-byd","12":"tag-china","13":"tag-china-enterprise-institute","14":"tag-communist-party","15":"tag-economy","16":"tag-electric-vehicles","17":"tag-huawei","18":"tag-leapmotor","19":"tag-li-auto","20":"tag-neijuan","21":"tag-peoples-daily","22":"tag-photovoltaics","23":"tag-seres","24":"tag-united-states","25":"tag-unitedstates","26":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114771638945225953","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=26774"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/26775"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=26774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=26774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=26774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}