‘Common prosperity’ – China& • Table.Briefings

„Common prosperity“ is currently the main slogan of China’s President Xi Jinping. Curbing inequality could significantly shape the country’s policies in the coming years. But is Beijing really aiming for a major societal shift? Or are the many speeches about „common prosperity“ more an expression of a new populism?

China’s leadership has declared „common prosperity“ to be a central political goal for the coming decades. The growing inequality in China worries political leaders: This inequality can not be allowed to become an „unbridgeable gulf,“ says President Xi Jinping. He warns that China must prevent the polarization of society, promote common prosperity and achieve social stability.

‘Common prosperity’ – China’s plans for redistribution

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