Socialism

Unleashing reforms, Xi returns to China's 'socialist' roots

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 towards its socialist roots.

Having done away with term limits in 2018, China's most powerful leader since Mao Zedong is pushing what some observers describe as a mini "revolution", curbing the excesses of capitalism and shedding negative cultural influences of the West.