ab 21 July 2025 Global Research China Equity Strategy Potential market reaction to anti-involution drive: Lessons from 2015-16 supply-side reform China's anti-involution push gathering momentum In July 2024, the Political Bureau meeting began calling for industries to exert more self- discipline to avoid damaging involutionary competition. The Central Economic Work Conference in late 2024 and the Two Sessions this March both proposed comprehensive measures to eliminate such severe competition. This initiati ...