{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/633ebf6dfc7f5a0012acdc97/69b9801d0bec1f2a53e5a7e6?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"China’s new inheritocracy","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/633ebf6dfc7f5a0012acdc97/1773764515294-1b49cfe2-b844-4abc-8fef-e305f159d7f8.jpeg?height=200","description":"<p>China’s first generation of entrepreneurs are getting old. Just as the economy is slowing, a lucky few are <a href=\"https://www.economist.com/briefing/2026/03/12/china-is-wrestling-with-a-novel-phenomenon-inherited-wealth?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=drumtower&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">set to inherit their vast fortunes</a>. What does this mean for a Communist Party determined to achieve <a href=\"https://www.economist.com/leaders/2026/03/12/chinas-hereditary-elite-is-taking-shape?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=drumtower&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">‘common prosperity’</a>?&nbsp;</p><p>Hosts:</p><ul><li>Sarah Wu, co-host of “Drum Tower”</li><li>Jiehao Chen, co-host of “Drum Tower”&nbsp;</li></ul><p>Topics:&nbsp;</p><ul><li>Chinese economy&nbsp;</li><li>Inheritance tax&nbsp;</li><li>Chinese entrepreneurs</li></ul><p><br></p><p><em>Transcripts of our podcasts are available via </em><a href=\"http://economist.com/podcasts\" rel=\"noopener noreferrer\" target=\"_blank\"><em>economist.com/podcasts</em></a><em>.</em></p><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href=\"https://subscribenow.economist.com/podcasts-plus\" rel=\"noopener noreferrer\" target=\"_blank\"><em>subscribe to Economist Podcasts+</em></a><em>.&nbsp;</em></p><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href=\"https://myaccount.economist.com/s/article/What-is-Economist-Podcasts\" rel=\"noopener noreferrer\" target=\"_blank\"><em>FAQs page</em></a><em> or watch </em><a href=\"https://www.youtube.com/watch?v=Gczo71bg1uY\" rel=\"noopener noreferrer\" target=\"_blank\"><em>our video</em></a><em> explaining how to link your account.</em></p><p><br></p><p><br></p>","author_name":"The Economist"}