When the Chinese term first emerged in popular culture in China a few years ago, the initial application was to Chinese students and young people trapped in highly competitive schools and jobs that ...
Prolonged economic challenges tend to generate their own terminology. When the US struggled with low growth and below-target inflation in the years after the 2008 crisis, the oft-used phrase was ...
Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. The writer is a senior adjunct researcher at the Rand Corporation’s China Research Center and senior associate ...
If you are feeling dispirited at work or burned out by the general pressure of life, there is a perfect word for you: "involution." The Mandarin Chinese word for "involution" — neijuan — is now a ...
China is gripped by an insidious problem that is eroding its economy: It is trapped in a cycle of competition so fierce that it is destroying profits, driving a brutal rat race among workers and ...