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

N. Korea's Kim stresses shared bloodshed in New Year message to Putin
Woman killed, 26 injured in 50-vehicle expressway pile-up in Japan
Strong job market, wealth gains to underpin Singapore retail spending in 2026: Economists
Lively first day of MP registration in Bangkok as party leaders turn out in force
China sanctions 20 US firms over Taiwan arms sales
Indonesia grants Christmas remissions to over 16,000 prisoners, including graft convicts
Customs Dept seizes RM731,000 in contraband cigarettes and liquor in Sibu raid
Moderate earthquake hits southern Sumatra, no tsunami threat, says MetMalaysia
Foreign adoptions to end as UN presses govt on abuses
Tarique returns from exile ahead of polls

Others Also Read