![President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Image credit: Shutterstock](https://cache.luxurydaily.com/wp-content/uploads/2021/08/jing-daily-082521.jpeg)
Is China’s “Common Prosperity” plan good or bad for luxury?
Posted By a Luxury Daily columnist On In Featured,Government,Industry sectors | No Comments![President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Image credit: Shutterstock](https://cache.luxurydaily.com/wp-content/uploads/2021/08/jing-daily-082521.jpeg)
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