Economy

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Chinese investors snap up stocks on hopes for an end to price wars and overcapacity (apnews.com)

submitted 2 weeks ago by RandAlThor@lemmy.ca to c/economy@lemmy.world

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cross-posted from: https://lemmy.ca/post/48382569

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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