China’s Industrial Reset: Structural Production Cuts Hit Chemicals, Materials, and Energy
- zhang Claire
- Jul 8
- 2 min read
Updated: Aug 19
1. Beijing cracks down on “involution” and disorderly pricing
On July 8, China’s leadership sharply criticized excessive competition—termed “involution”—and signaled imminent supply-side reforms targeting industries like solar panels and EVs, aiming to regulate prices and deaden overcapacity .