Tag: wealth redistribution
Beijing Revives Mao-Era Nationalization Rhetoric, Signaling a New Assault on Private Wealth
On June 19, 2026, China's state news agency Xinhua published a lengthy celebratory article titled "The...
China Cracks Down on Overseas Wealth, Hits Foreign Investors
A technology executive in Beijing, whom Bloomberg identifies by the pseudonym "Tom," spent years quietly...