Xi’s ‘Common Prosperity’ drive triggers a rare debate in China


The competing viewpoints in China's media space points to internal confusion over just how far Xi Jinping plans to go in reining in "disorderly capital expansion". - Reuters

BEIJING (Bloomberg): 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.”

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , common , prosperity , economist , Xi Jingping , debate

Next In Aseanplus News

Why 2026 is poised to be another rocky year for global trade
Chinese spy? Propagandist? Former Confucius Institute director tells his story
As peace talk continues; Cambodia says Thailand drops cluster bombs, Thailand claims only targets military objectives
Vietnam's stock market rises on signs of smooth power transition
Pope Leo XIV calls for a worldwide ceasefire at Christmas
Order before aid: Why South-East Asia's climate survival depends on saying 'not yet'
Trio charged over molestation that allegedly occurred at Singapore's Home Team facility
Hong Kong police arrest 15 over ‘meticulously planned’ 1 billion yen robbery
HK actor Oscar Leung interviews locals in KL, surprised many don't recognise him
Vietnam’s Communist Party is said to be backing Mr Reform To Lam to remain chief of the country

Others Also Read