A man sleeps on a bench near a government billboard touting “prosperity, democracy, civilisation and harmony” on a street in Beijing on May 5, 2015. Photo: AP
Opinion
Opinion
The View
What to expect as China’s economy transitions towards common prosperity
- While it is too early to say that China has completely shifted its growth strategy, the policy of ‘cross-cyclical adjustment’ suggests the market must prepare for more short-term volatility
A man sleeps on a bench near a government billboard touting “prosperity, democracy, civilisation and harmony” on a street in Beijing on May 5, 2015. Photo: AP
