China’s Mounting Identity Crisis

TREND #5






For the first time since the Cultural Revolution of the 1960s, China is wrestling with its essential identity. Beginning in the 1990s, China placed rapid development and attracting ever-bigger inflows of foreign direct investment above all else. But suddenly the rules have changed. As highlighted in prior issues, “common prosperity” is now the government’s clarion call-to-action intended to address the enormous income gap be.....
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