This book is a short history of the Chinese crackdown on the country¿s large technology firms that began in 2020. The book discusses the political and economic context, and outlines the limitations on the power of the state. As the policies of 'common prosperity' continue to develop, this book will be an invaluable reference for economists studying either China, the internet and big tech, or both.

Andrew Collier has published two books with Palgrave, Shadow Banking and the Rise of Capitalism in China, and China Buys the World. Previously the President of the Bank of China International USA, which is the BOC's United States investment bank, Andrew currently is an analyst with Global Source Partners conducting research on China's economy.

1. ¿Introduction.-  2. Common Prosperity: Vision or Campaign?.- 3. The Bureaucracy Strikes Back.- 4. The Party and Common Prosperity.- 5. Can China Innovate without the Platform Economy?.- 6. Xi Jinping's End Game.