China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce inequality

Beijing’s next major economic target after poverty alleviation could be reducing income inequality, based on officials’ speeches and government documents published over the past few weeks.But how exactly officials plan to do that is the trillion-dollar…

Beijing’s next major economic target after poverty alleviation could be reducing income inequality, based on officials’ speeches and government documents published over the past few weeks.But how exactly officials plan to do that is the trillion-dollar question.In a speech delivered at the Communist Party’s Central Party School this week, Chinese President Xi Jinping reiterated the importance of “common prosperity”, saying it is not only an economic issue but also a major political issue…

This post was originally published on South China Morning Post.


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Sidney Leng | radiofree.asia (2021-10-27T17:02:03+00:00) » China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce inequality. Retrieved from https://radiofree.asia/2021/01/14/chinas-xi-jinping-talks-of-common-prosperity-as-the-rich-get-richer-with-little-indication-of-how-it-will-reduce-inequality/.
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" » China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce inequality." Sidney Leng | radiofree.asia - Thursday January 14, 2021, https://radiofree.asia/2021/01/14/chinas-xi-jinping-talks-of-common-prosperity-as-the-rich-get-richer-with-little-indication-of-how-it-will-reduce-inequality/
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" » China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce inequality." Sidney Leng | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/14/chinas-xi-jinping-talks-of-common-prosperity-as-the-rich-get-richer-with-little-indication-of-how-it-will-reduce-inequality/. [Accessed: 2021-10-27T17:02:03+00:00]
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» China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce inequality | Sidney Leng | radiofree.asia | https://radiofree.asia/2021/01/14/chinas-xi-jinping-talks-of-common-prosperity-as-the-rich-get-richer-with-little-indication-of-how-it-will-reduce-inequality/ | 2021-10-27T17:02:03+00:00
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