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JPMorgan's Hui on China's Anti-Involution Drive

JPMorgan's Hui on China's Anti-Involution Drive

Bloomberga day ago
JPMorgan's Asset Management APAC Chief Market Strategist Tai Hui describes China's attempts to reduce excessive competition as "adventurous" and suggests the impact needs to be assessed sector by sector. Hui speaks as China's electric vehicle makers and food delivery giants are locked in a fierce price war, prompting government concern over deflationary pressures and long-term sustainability. (Source: Bloomberg)
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