China’s Xi Jinping defends ‘common prosperity’ crackdowns

Chinese president Xi Jinping has made a rare defence on the world stage of his “common prosperity” policy, which has seen major crackdowns on businesses.

His comments came during the World Economic Forum’s (WEF) annual meeting of government and corporate leaders.

China says the policy is aimed at narrowing the widening wealth gap, which could threaten the Communist Party’s rule if left unaddressed.

–BBC

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