Xi Jinping Says He Wants to Spread China's Wealth More Equitably. How Likely Is That to Actually Happen?
On the eve of the “Two Sessions,” Xi Jinping’s leadership position is now secure as he embarks on a third term. But China faces severe headwinds in reviving the economy, boosting employment, and managing local government debt. In past crises, China’s leaders have tended to side with the market and with capital through supply-side subsidies, cuts in taxes and social insurance
Source: chinafile.com
