China Daily (Hong Kong) - - NATION DIGEST -

“There is no need for the pub­lic to hate rich peo­ple. The wealth of the rich deserves re­spect from so­ci­ety. All the wealth cre­ated in China be­longs to the State.”

chair­man of China’s big­gest bev­er­age pro­ducer, Hangzhou Wa­haha Group, quoted as say­ing by China Phi­lan­thropist mag­a­zine on Thurs­day. Zong, ranked China’s rich­est man with a net worth of $11.6 bil­lion, also crit­i­cized the con­cept of help­ing the poor by rob­bing the rich. Once such a con­cept is put into prac­tice, he said, it will spark an ex­o­dus of wealthy peo­ple from the coun­try, cre­at­ing a tremen­dous loss of State as­sets.

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