Wednesday, January 19, 2022

Where have we heard this before?

 The common prosperity we desire is not egalitarianism," China's president Xi told delegates. "We will first make the pie bigger and then divide it properly through reasonable institutional arrangements. As a rising tide lifts all boats, everyone will get a fair share from development, and development gains will benefit all our people in a more substantial and equitable way."

He continued to say that the country is still open to investment from overseas.

"All types of capital are welcome to operate in China, in compliance with laws and regulations, and play a positive role for the development of a country," he said.

China's Xi Jinping defends 'common prosperity' crackdowns - BBC News

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