The Chinese regime’s top leader has signaled a hardening stance towards the country’s affluent in a bid to promote “common prosperity.” It’s the latest campaign aimed at tackling the country’s rising inequalities that analysts say reveal Beijing’s anxiety over the issue. In an economic planning meeting with top leaders on Aug. 17, Xi Jinping called for readjusting “excessively high income,” eliminate illicit gains, and boost the earnings of the low-income class. “High-income individuals and companies are encouraged to give more back to the society,” according to the readout published by state news agency Xinhua. The speech followed a months-long clampdown on China’s private sector targeting industries from tech to education. It also came after the Chinese Communist Party (CCP) declared victory against poverty earlier this year, claiming it had lifted nearly 100 million people out of destitution. Xi’s plan, which remains vague in terms of how it will be accomplished, …