Decoding China's "Common Prosperity" Drive

Research output: Book/ReportReport

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Abstract

The term “common prosperity” has quickly risen to prominence in Chinese domestic politics amid an intense regulatory crackdown on China’s leading tech companies. However, this new policy agenda offers no clear road map or explicit policy instructions, giving way to various interpretations which while insightful do not depict the complete picture. In this strategic update, Xin Sun argues that the fundamental purpose of common prosperity is to support a new political order that keeps significant power in the hands of Xi and his closest allies and bolsters the supreme leader’s political survival in the coming decades.
Original languageEnglish
PublisherLSE Ideas
Number of pages17
Publication statusPublished - 7 Apr 2022

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