How does an authoritarian government that has leaned heavily on “performance legitimacy” for decades sidestep popular ire amidst a prolonged economic slowdown? The discursive career of “involution” (内卷) from online meme to policy object reveals how Beijing adopted and then rebranded a social media buzzword to shift popular blame away from the center. On the surface, Xi’s new campaign to stamp out “involutionary competition” (‘内卷式’竞争) targets collusive practices between local

The proposal for the 15 th  Five-Year Plan (FYP), approved by the Central Committee of the Chinese Communist Party at its 4 th  plenum in late October 2025, is substantively similar to the proposal for the 14 th FYP. The most important message conveyed in this document is that the party will continue to pursue the security-centered development strategy unveiled in October 2020. Based on the more pessimistic assessments of China’s external environment, the proposal for the ne

China is weathering deflation, a property-sector collapse, and renewed trade tensions with the United States through calculated restraint...

China’s initial response to America’s new trade war was cautious and restrained due to uncertainties about the Trump administration’s...

More than perhaps any other country or bloc in the world, for the past five-plus years China has been methodically fortifying its...

China’s drive for economic self-reliance stems from deep concerns that foreign nations could use technology and resources as leverage...

The combination of the real estate crash that started in 2021 and the Covid-19 lockdowns in 2022 has contributed to a dramatic fall in...

Although temporarily alleviated, the high tariff rates announced by the U.S. could have a major impact on China’s economy, although the...