China to Test Income Redistribution Reforms in Zhejiang Province - BNN Bloomberg
www.bnnbloomberg.ca
China will test income redistribution reforms in the eastern province of Zhejiang, which will become a pilot zone for policies to promote “common prosperity” as the government explores ways to boost consumption by reducing inequality.

Will Xi finally press it?

  • wombat [none/use name]
    ·
    3 years ago

    the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry

  • Gkalaitza [he/him]
    ·
    3 years ago

    Its almost certainly due to the cultural,information and language barier but chinese political,social, economic or development goals and measures are worded in such a way that first makes it impossible to guess how based or lame these measures will be just as often as they are worded in the most straightforward "yeah we are gonna built 2.2864 km of high speed rail in the next 6378 days" .

    And thats not just a "modern dengist china" thing . You go back to maoist times to read the party announcing a goal for common prosperity and development in X province countryside and it could mean everything from local petty bourgeois hanged from lampposts to commune creation to introducing some rural banking reform and having the national bourgois more involved

  • UglySpaghettiHoe [he/him]
    ·
    3 years ago

    :CommiePOGGERS: :CommiePOGGERS: :CommiePOGGERS: DO IT CHINA! SMASH THE MF'ING COMMIE BUTTON!

  • kimilsungist [they/them]
    ·
    3 years ago

    every single loser radlib from /r/chapotraphouse69 who told me YOU REALLY THINK CHAYNA IS GONNA DO SOCIALISM WOW FUCKING EL OH EL

    Please suck this cock :Hoggers:

  • black_mold_futures [none/use name]
    ·
    3 years ago

    The government is putting more focus on inequality, pledging to fix the “demand side” of the economy

    Chinese Karens

  • BynarsAreOk [none/use name]
    ·
    3 years ago

    I don't know a site named BNN Bloomberg sounds worse than a parody website anyone here could come up, or maybe one of those fake TV news stations you see in movies so yeah I'd prefer something better before making any judgement.

    • Bedulge [he/him]
      ·
      3 years ago

      Doesnt China have like more than 600 Billionaires?

      The number of Chinese students I saw driving around my college campus in Porches and BMWs and staying in 1000~2000 dollar a month apartments suggest to me that income inequality in China is very real