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Damien Ma of MacroPolo on China's economic and political outlook

Sinica Podcast

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Is It All About Common and Not About Prosperity Anymore?

In 20 17, in the nineteenth party congress, they re defined this primary contradiction. From 19 81, they had talked about that between the ever growing material and cultural needs of the on the one hand, verse is backward social production,. In other words, it was all about bigger cake, right? And now what they say is that it's a contradiction between unbalanced and inadequate development. That's really talking about distribution of the cake and the people's ever growing needs for a better life. It's funny, because we actually bring up maslo's pyramid in our book too, about on scarcity, because that's exactly what it's been about, yes? Is is is t is meeting

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