China’s involution crisis is driving a brutal price war across manufacturing, from solar panels and lithium batteries to EVs like the BYD Seagull. This explainer breaks down how China deflation, overcapacity, and weak demand are hurting profits, wages, and growth. #chinaseconomy #involution #bydseagull #electricvehicles #manufacturingeconomy
1:41
China’s involution crisis is driving a brutal price war across manufacturing, from solar panels and lithium batteries to EVs like the BYD Seagull. This explainer breaks down how China deflation, overcapacity, and weak demand are hurting profits, wages, and growth. #chinaseconomy #involution #bydseagull #electricvehicles #manufacturingeconomy
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