Xi’s ‘Common Prosperity’ Drive Triggers a Rare Debate in China
- State-run media shows confusion over extent of Xi crackdowns
- China looks to both reduce inequality and spur tech innovation
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In a country that regularly censors opposing viewpoints, Chinese President Xi Jinping’s push for “common prosperity” has triggered something unusual: A spirited public policy debate.
On the one side are those sharing the views of blogger Li Guangman, whose commentary last month calling Xi’s regulatory crackdown a “profound revolution” was published widely by major state-run media outlets. It proclaimed “the capital market will no longer become a paradise for capitalists to get rich overnight” and “all those who block this people-centered change will be discarded.”