Chinese President Xi Jinping’s war on deflation speeds up – “Anti – involution” policy
The term refers to destructive, excessive competition with little progress, gained prominence after President Xi Jinping vowed to regulate chaotic price wars—especially in sectors like solar, EVs, and steel. Bloomberg (gated) carry the report: Markets are responding positively. Mainland Chinese stocks (CSI 300) have outperformed in July Morgan Stanley now prefers A-shares over Hong Kong…