China’s richest man says ‘common prosperity’, not ‘wealth gap’ is priority

“Zong only went into business in his 40s, selling fizzy drinks to children and reportedly being so short of cash that he slept under a bridge in Beijing because he could not afford a hotel. But the company he launched, Wahaha, whose name means ‘Laughing Child’ in Chinese, went on to become China’s third largest soft drinks company, according to Euromonitor International. Zong’s fortune, as estimated by China-based luxury magazine publisher the Hurun Report, makes him the richest person in China and one of the wealthiest in Asia.  Zong warned: ‘If we had egalitarianism… we wouldn’t have enough to eat.’  He called for lower taxes to stimulate investment.”

http://www.rawstory.com/rs/2013/07/17/chinas-richest-man-says-wealth-gap-is-not-a-priority/

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