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The Independent UK
The Independent UK
National
Ken Moritsugu

Chinese investors snap up stocks on hopes for an end to price wars and overcapacity

China’s stock market is buzzing over government promises to tackle price wars that have hurt profits and worsened global trade tensions.

The prevailing catchphrase is “anti-involution,” and it reflects efforts to curb intense competition and overcapacity in industries like solar panels, steel, and electric vehicles.

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