President Xi Jinping arrives for the closing session of the Chinese People’s Political Consultative Conference in Beijing on March 10. Photo: EPA-EFE
President Xi Jinping arrives for the closing session of the Chinese People’s Political Consultative Conference in Beijing on March 10. Photo: EPA-EFE
George Magnus
Opinion

Opinion

George Magnus

Where does war in Ukraine and a troubled economy leave China’s common prosperity goal?

  • The campaign to address gaping inequality by reining in market freedom was at the top of Beijing’s agenda last year
  • But as new Covid-19 outbreaks and Russia’s aggression threaten to slow China’s already sluggish economy, undoing decades of economic reform is fraught with risks

President Xi Jinping arrives for the closing session of the Chinese People’s Political Consultative Conference in Beijing on March 10. Photo: EPA-EFE
President Xi Jinping arrives for the closing session of the Chinese People’s Political Consultative Conference in Beijing on March 10. Photo: EPA-EFE
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