Xi Jinping has emphasised wealth redistribution within China, referring to common prosperity goals at least 65 times in speeches and meetings this year, more than double the 30 mentions in all of last year. Photo: Xinhua Xi Jinping has emphasised wealth redistribution within China, referring to common prosperity goals at least 65 times in speeches and meetings this year, more than double the 30 mentions in all of last year. Photo: Xinhua
Xi Jinping has emphasised wealth redistribution within China, referring to common prosperity goals at least 65 times in speeches and meetings this year, more than double the 30 mentions in all of last year. Photo: Xinhua
Zhou Xin
Opinion

Opinion

Zhou Xin

China’s common prosperity push is long overdue, but the rich don’t need to worry about their wealth

  • Xi Jinping’s rhetoric on common prosperity, which calls for the people to share in the opportunity to be wealthy, has surged this year
  • Notion of common prosperity dates back to the 1950s and Mao Zedong, before fellow former leader Deng Xiaoping repeatedly mentioned the idea in the 1980s

Xi Jinping has emphasised wealth redistribution within China, referring to common prosperity goals at least 65 times in speeches and meetings this year, more than double the 30 mentions in all of last year. Photo: Xinhua Xi Jinping has emphasised wealth redistribution within China, referring to common prosperity goals at least 65 times in speeches and meetings this year, more than double the 30 mentions in all of last year. Photo: Xinhua
Xi Jinping has emphasised wealth redistribution within China, referring to common prosperity goals at least 65 times in speeches and meetings this year, more than double the 30 mentions in all of last year. Photo: Xinhua
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