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China Quote by Zong Qinghou

“The public doesn’t have to be hostile to the rich. ‘Robbing the rich to help the poor’ will only drive the rich away to other countries along with their money. As a matter of fact, their wealth should be respected. All wealth in China belongs to the country.” quote by Zong Qinghou
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“The public doesn’t have to be hostile to the rich. ‘Robbing the rich to help the poor’ will only drive the rich away to other countries along with their money. As a matter of fact, their wealth should be respected. All wealth in China belongs to the country.”

Zong Qinghou

About This Quote

Source Interview: Chinese Business Leaders, 2015

People think the rich should be attacked, but that would cause capital flight; wealth should be respected as national asset.

In simple terms: Attacking rich drives them away; respect wealth as national asset.

Key Takeaway

Respect and protect national wealth.

Themes

economics politics nationalism wealth

Mood

cautious analytical

Type

economic political

When to use this quote

  • policy debates
  • public opinion

Key Concepts

capital flight wealth redistribution national policy

Questions to Reflect On

  • What are the risks of wealth confiscation?
  • How can wealth benefit the nation without expropriation?
A Different Perspective

Riches are not a target for hostility.

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