Source: China – South China Morning PostChina’s push for “common prosperity”, as President Xi Jinping aims to decrease inequality in the world’s second-largest economy, does not mean “killing the rich to help the poor”, a ruling Communist Party official said on Thursday.China must also “guard against falling into the trap of welfarism”, Han Wenxiu, an official at the central financial and economic affairs commission, said at a briefing in Beijing.Those who “get rich first” should help those behind, but hard work should be encouraged,…Read More