• SHARE

When Xi Jinping took command of the Communist Party in late 2012 and proclaimed "only socialism can save China," it was largely ignored as the perfunctory mention of an antiquated slogan — not to be taken literally in a modern-day, market-powered economy.

But sweeping new policy moves — from crackdowns on internet companies, for-profit education, online gaming and property market excesses to the promulgation of "Common Prosperity" — show Xi's seriousness in steering China back toward its socialist roots.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)