China’s electric vehicle makers and food delivery giants including BYD and JD.com are locked in a fierce price war, prompting government concern over deflationary pressures and long-term sustainability. In response, President Xi Jinping has launched an "anti-involution" campaign to curb these practices. Bloomberg's Minmin Low explains. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets &