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Letzte Aktualisierung: February 9, 2022

The difficult path to 'common prosperity'

Soups for the poor during the Chinese New Year in Xi'an
Inequality is on the rise in China. While some bask in limitless luxury, tens of millions of migrant workers have to make do with meager wages. The leadership wants to fight inequality and has proclaimed "common prosperity" as its goal. What is causing the gap between rich and poor? And is it possible to draw any conclusions for political measures to overcome this inequality?
Nico Beckert
Nico Beckert
"Common prosperity" will remain one of the highest goals on Beijing's political agenda in the Year of the Tiger. At the end of the year, Xi wants to be re-elected as president. Everything indicates that he will capitalize on the fight against inequality in China before his re-election – at least verbally – in an effort to present himself as a man of the common people.
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