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Shakeup or Shakedown?  China's New Red Economy

The Little Red Podcast

CHAPTER

Common Prosperity

Common prosperity is a mechanism for keeping money flowing to the people who have their hands out. It looks to me like a, more than anything else, a by pass of the bureoucratic administration in order to drive funds through alternate channels. There has been at least ten private companies that have volunteered to make large donations to common prosperity. Ali baba put in 15 point five billion us. dollars; J d put in, what about four billion us. Dollars? Ma, tan, lots and lots of private companies. And where is the money going? Exactly. It's going to things like training programms for public officials in i t means paying public officials, right? So that

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