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China’s common prosperity push is accelerating, but how will life change in 10 years under Xi Jinping?

Summary:
[unable to retrieve full-text content]It has been a year of overwhelming change for China, and the fundamental shift in the relationship among the country’s government, businesses and citizens is a long way from complete.President Xi Jinping’s push for so-called common prosperity – aimed at narrowing the nation’s persistent wealth gap – underpins moves to limit the power of China’s technology giants, to cool ever-rising house prices, to encourage philanthropy and to embrace clean energy.The drive has dovetailed with a clampdown on…

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[unable to retrieve full-text content]
It has been a year of overwhelming change for China, and the fundamental shift in the relationship among the country’s government, businesses and citizens is a long way from complete.President Xi Jinping’s push for so-called common prosperity – aimed at narrowing the nation’s persistent wealth gap – underpins moves to limit the power of China’s technology giants, to cool ever-rising house prices, to encourage philanthropy and to embrace clean energy.The drive has dovetailed with a clampdown on…

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