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Li Ka-shing Kept Awake at Night by Wealth Gap, Waning Trust

Li Ka-shing, Asia’s richest man, says he has trouble sleeping at night because of a widening wealth gap and waning trust that could become “the new normal” if left unaddressed.

The chairman of Cheung Kong Holdings Ltd. called on the government to introduce fresh impetus to enable dynamic and flexible redistribution policies, in his address to students at China’s Shantou University, according to a speech posted on the website of the Li Ka Shing Foundation on June 27. The growing scarcity of resources is also keeping him awake, he said.