Chinese leader Xi Jinping is pushing “Common Prosperity.” Rich Chinese are feeling the pain as Beijing has accelerated ways to increase the supervision of wealthy Chinese. 2022 saw the largest drop in Chinese billionaires in 24 years. Let’s revisit how the CCP previously eliminated private business and redistributed wealth through public-private partnerships so we understand what “common prosperity” is and how the CCP leaders get rich.
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
https://new.qq.com/omn/20200402/20200402A0B4YW00.html
http://hx.cnd.org/2016/11/06/%E4%B8%AD%E7%A7%91%E9%99%A2%E3%80%8A%E5%85%A8%E5%9B%BD%E5%9C%B0%E6%96%B9%E5%85%9A%E6%94%BF%E9%83%A8%E9%97%A8%E3%80%81%E5%9B%BD%E5%AE%B6%E6%9C%BA%E5%85%B3%E5%85%AC%E8%81%8C%E4%BA%BA%E5%91%98%E8%96%AA/
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