Analysis Xi Jinping may be fighting hard to pave his way to the upcoming 20th Party congress meeting in 2022. He may be directing his actions at the Jiang Zemin faction that Xi has implied are careerists in the Party. From the recent push for common prosperity, to the purging of the entertainment industry and the astronomical default of real estate giant Evergrande, a series of political storms in these two years can be seen as his final clearing of obstacles before the big meeting. Following the crack down on internet giants and off-campus education institutions, Xi’s call for common prosperity in August was an alarming signal to China’s billionaires. Chinese internet platform providers such as Tencent, Alibaba, and Pinduoduo have all pledged hundreds of billions of dollars in response to Xi’s common prosperity campaign. Common Prosperity in Communist History Mao Zedong mentioned common prosperity for the first time since the Chinese …