Understanding China's New Common Prosperity

<p>This&nbsp;book explains China's new common prosperity policies—their significance, connotations, and goals—and explains&nbsp;the economic logic behind these&nbsp;often misunderstood&nbsp;policies. First, the authors explain the theory behind common prosperity. Why is the Chinese government&nbsp;changing&nbsp;its economic policies now, and what&nbsp;is its&nbsp;objectives and&nbsp;metrics? The authors&nbsp;then&nbsp;go on to&nbsp;explain&nbsp;how the new policies are&nbsp;being&nbsp;designed, what the test cases&nbsp;are&nbsp;across the country, and how the government,&nbsp;businesses, families, and individuals&nbsp;are working&nbsp;together to promote common prosperity. An important book&nbsp;that will&nbsp;help scholars around the world understand China's new economic bottom line. This book&nbsp;will be of interest to&nbsp;economists, sociologists, and sinologists.</p>