Renewed impetus behind China's goal of "common prosperity" has raised concerns that Beijing plans a redistribution of wealth that could hurt growth and investment. The reality, however, is more nuanced-and a good deal more positive for China's long-term growth ambitions.

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AllianceBernstein Holding LP published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 20:56:01 UTC.