中国快讯 (China Crunch) 为中国读者提供及时的加密新闻、市场洞察和监管动态。
China Warns Officials Against Trend Chasing as Five Year Plan Era Begins
China’s leadership has issued a fresh warning to local officials against blindly following popular policy trends, cautioning that herd behaviour could worsen what authorities describe as involution, a cycle of excessive competition that erodes profits and undermines sustainable economic growth. The message was