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China.Table Feature Wirtschaft

Key industries: Beijing declares war on the price war

For the longest time, fierce competition was China's recipe for success. But now, Xi Jinping personally warns that price pressure is jeopardizing innovation and growth. Why is that?

Jörn Petring
06. July 2025
Food delivery riders of JD Takeaway (L), the food delivery service under China s e-commerce giant JD.com, and Meituan (R) wait for the green light on the road on April 23, 2025 in Shenyang, Liaoning Province
The online retailer JD.com, known for its low prices, is attacking the food delivery leader Meituan with discounts. (IMAGO / VCG)

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Last updated: 24. July 2025

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