Cumulative registered users reached 190.0 million as of March 31, 2026, an increase of 7.2% compared with March 31, 2025. Cumulative borrowers reached 29.6 million as of March 31, 2026, an increase of ...

Investing.com --China's central bank is moving to tighten discipline across the nation's financial landscape, explicitly calling out "involution-style", or excessively distorted competition, as a ...

China’s central bank and foreign‑exchange regulator reiterated the need to curb excessive — or “involution‑style” — competition within the country’s finance industry, framing it as a governance and ...

This was the most philosophical line I heard from a ride-hailing driver during my trip to Dali before the Spring Festival. He said that it lightly, with a touch of self-mockery, but I could hear the ...

Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. You know the China story. Population? Huge. Economy? Very huge. Trade surpluses? Really huge. Maybe too huge. Even ...

THE term “involution” or curling inward became a common slang in China in the 2020s, to reflect excessive competition in social and economic life, where students, workers and even business leaders ...

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 ...