Tackling inequality has become a priority under President Xi Jinping. Photo: AFP
Tackling inequality has become a priority under President Xi Jinping. Photo: AFP

China’s Xi Jinping sends ‘warning signal’ to the wealthy as he opens new front in ‘common prosperity’ push

  • President Xi Jinping’s report to the 20th party congress signalled more robust regulation to narrow the wealth gap
  • Analysts expect a wider array of taxes to support poor families and bolster the social safety net, while wealthy Chinese could face a rocky road ahead

Tackling inequality has become a priority under President Xi Jinping. Photo: AFP
Tackling inequality has become a priority under President Xi Jinping. Photo: AFP
READ FULL ARTICLE