Asian Insider

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

The recent tech crackdown was a clear signal that addressing the yawning income gap and tackling inequality had become a key policy goal of Mr Xi Jinping and the party.PHOTO: REUTERS

BEIJING - In the last few months, Beijing has been putting pressure on its tech firms and private tuition sector, leading many observers to wonder why Beijing was coming down hard on the country's tech champions and entrepreneurs.

Last week, at least part of the reason became clear.

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