How China Is Taking On Billionaires and Big Tech to Combat Inequality, w/ Tings Chak
Rania Khalek- China is cracking down on billionaires. US cold warriors call it authoritarian. But China calls it “common prosperity” towards a more equal society on the road to socialism.
China is imposing harsh regulations on private education, big tech, and billionaires. The new Cold Warriors in the U.S. government and media call these moves authoritarian, leftward tyranny, and bad for business. But Chinese president Xi Jinping calls it part of a “common prosperity” agenda to create a more equitable society on the road to building socialism.
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