Source: China – South China Morning PostSince President Xi Jinping defined the Communist Party’s “common prosperity” catchphrase for the first time last week, analysts and state media have been scrambling to unpack the idea.The goal has been loosely discussed before, but Xi’s speech marked an official shift from former leader Deng Xiaoping’s policy of “letting some people get rich first” to a more even distribution of wealth.Xi laid out the plan at a meeting of the party’s Central Committee for Financial and Economic Affairs, calling…Read More