China’s coming era of ‘common prosperity’ – and what it means for the rich

When Chinese student Ding Xueliang was studying in the US city of Boston in the late 1980s, one of the biggest lessons he learned occurred outside the classroom.

Ding crossed paths with a number of other Chinese students who had arrived in the United States fresh from taking part in protests that had gripped several cities in eastern China, including Shanghai, for a month from December 1986.