The baijiu business is the latest to be struck by involution, a phenomenon where gluts in goods leads to vicious price-cutting https://t.co/Z26GOw8SWw ...

The baijiu business is the latest to be struck by “involution” https://t.co/V0lPuyU4gD ...

Many food vendors in the country are locked into a relentless competition to drop prices. Such “involution” is one of the defining characteristics of Xi Jinping’s China https://t.co/hR9V6hQ1CU ...