China’s “common prosperity” movement, which calls for citizens to share in the opportunity to be wealthy, has prompted wealthy individuals to look for ways to keep their money off the government’s radar. Photo: AFP
China’s “common prosperity” movement, which calls for citizens to share in the opportunity to be wealthy, has prompted wealthy individuals to look for ways to keep their money off the government’s radar. Photo: AFP

China’s crackdown on education, property leave wealthy in crisis mode, and some are looking for an escape route

  • Beijing’s ‘common prosperity’ movement calls for citizens to share the wealth, but attitudes towards recent dramatic changes have diverged among different social classes and ages
  • Studies suggest that investor sentiment is becoming more cautious in China, and the public’s willingness to give birth remains sluggish

Topic |   China’s crackdowns
China’s “common prosperity” movement, which calls for citizens to share in the opportunity to be wealthy, has prompted wealthy individuals to look for ways to keep their money off the government’s radar. Photo: AFP
China’s “common prosperity” movement, which calls for citizens to share in the opportunity to be wealthy, has prompted wealthy individuals to look for ways to keep their money off the government’s radar. Photo: AFP
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