Why Beijing Is Dropping Its ‘Get Rich’ Propaganda

As China’s economy sinks, Xi is selling nationalism in place of prosperity and is staking his rule on grabbing Taiwan, analysts say.

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Why Beijing Is Dropping Its ‘Get Rich’ Propaganda — A woman pushes a stroller with a baby next to job advertisements displayed on a board in Foshan, Guangdong province, in China, on April 28, 2026. Pedro Pardo / AFP via Getty Images
A woman pushes a stroller with a baby next to job advertisements displayed on a board in Foshan, Guangdong province, in China, on April 28, 2026. Pedro Pardo / AFP via Getty Images

By Sean Tseng

June 24, 2026Updated:June 24, 2026

News Analysis

For four decades, the Chinese Communist Party (CCP) sold the people a false promise: leave the power to us and ask no questions, and we will make you richer than your parents could have imagined.

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