In seeking 'common prosperity', China's President Xi signals fresh drive to tackle inequality

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In the last few months, Beijing has been putting pressure on its tech firms and private tuition sector..... addressing the yawning income gap and tackling inequality had become a key policy goal of Mr Xi and the party

fixing inequality is a tall order for China, where the richest 20 per cent earn more than 10 times the poorest 20 per cent, and some 600 million people live on a monthly income of 1,000 yuan (S$209).

Beijing's goal is to build an "olive-shaped" income distribution structure, with a small top, a large middle and a small bottom, which it describes pithily with the term "common prosperity"

changing from an approach where 'the cake' is not big enough to caring more about whether the distribution of 'the cake' is even

Qn: The key criterion for good government is how well the economy is managed. Is this a fair assessment? (Cam. 2012)