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
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
Hao Zhou
Opinion

Opinion

The View by Hao Zhou

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
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
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