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外刊精讲 | 压价、内卷、加剧通缩:中国企业过度竞争的恶性循环

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【阅读原文】  
标题:China’s Problem With Competition: There’s Too Much of It 


正文:1.It’s the circle of life in China’s business world 
2.A promising technology or product emerges. Chinese manufacturers, by the dozens or 
sometimes the hundreds, storm into that nascent sector. They ramp up production and drive down costs. As the overall market grows, the competition becomes increasingly cutthroat, with rival companies undercutting one another and enduring razor-thin profit margins or even losses in the hope of outlasting the field 


知识点:storm into phr. v. /stɔːm ˈɪntuː/ 
to enter a place quickly and with force or anger 气势汹汹地冲进 
· Protesters stormed into the building, demanding immediate action. 抗议者冲进大楼,要求立即采取行动。 
· He stormed into the room without knocking. 他没敲门就怒气冲冲地闯了进来。 


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