China wants to end price wars but its carmakers BYD, Geely not convinced

As price wars threaten profits and innovation, Beijing struggles to curb the cycle of involution—but can it succeed without the biggest industry players on board?

Mar 1, 2025 0

China wants to end price wars but its carmakers BYD, Geely not convinced
As price wars threaten profits and innovation, Beijing struggles to curb the cycle of involution—but can it succeed without the biggest industry players on board?
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