How China could narrow a tech hub’s income gap – and avoid Silicon Valley’s fate
South China Morning Post
by Mandy ZuoMarch 1, 2026
Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the third entry in a series examining the complex economic recalibration driving China’s growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises.
In China’s eastern province of Zhejiang, a sprawling laboratory for Beijing’s “common prosperity” campaign to reduce income inequality, statistics suggest success: between 2021...
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Originally published on South China Morning Post on 3/1/2026