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Opinion

What the West gets wrong about China's 'common prosperity'

Xi Jinping's agenda is more Confucian than socialist

| China
Tiananmen Square in Beijing in June 2021: common prosperity is something of a next step in the journey toward national rejuvenation.   © AP

Lauren A. Johnston is visiting senior lecturer at the University of Adelaide. She is founder and managing director of New South Economics.

Presiding over the 10th meeting of the Central Financial and Economic Affairs Commission in August last year, China's President Xi Jinping stressed the importance of promoting "common prosperity."

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