Since President Xi Jinping became head of the Communist Party in 2012, he has launched an anti-corruption purge, interned millions of Uighurs and crushed the hopes of pro-democracy protesters in Hong Kong.Now, Xi has got his eye on a huge segment of the economy that has powered economic growth in recent years: billionaires, celebrities, property, gaming and technology companies. He argues the side-effect of growth has been inequality and that it is time for \"common prosperity\". Iris Pang, the chief economist for greater China at ING Bank, sheds further light on this.Plus - why collectors are snapping up second-hand watches during lockdowns, according to the Founder and CEO of A Collected Man Silas Walton.
6273113048001: Is this the end of China's experiment with capitalism? | Counting the Cost