Bloomberg Businessweek profiles Zong Qinghou, the chairman of Chinese beverage giant Wahaha, who has risen to become mainland China’s wealthiest man: Even in a country that has exploded in wealth and created a new economic...
CDT previously reported on the Hurun rich list and the effect of the widening wealth gap in China. Forbes has released a report naming China’s 100 Richest individuals. Coinciding with the Hurun rich list,Wahaha founder and...
From AP: French dairy maker Group Danone SA said Tuesday it would appeal to higher authorities after a local court ruled that its estranged Chinese joint venture partner owns the popular Wahaha trademark. Danone’s...
From The Wall Street Journal: An escalating dispute between Groupe Danone SA and Hangzhou Wahaha Group Co. over China’s largest soft-drinks empire looks increasingly as though it could result in a breakup of their...
From AFP: The head of China’s largest soft drink maker, Wahaha, which is locked in a bitter feud with estranged French partner Danone, is under investigation for tax evasion, state media said Monday. Wahaha Group chairman...
Soda bottles at the Wahaha headquarters in Hangzhou, by Alexandra Moss
From Wall Street Journal: A Chinese arbitration commission ruled in favor of a Chinese beverage maker on a trademark disagreement with joint-venture partner Groupe Danone SA, the latest legal twist in a closely watched case but one that is unlikely to end the dispute. The Hangzhou Arbitration Commission said the period had lapsed during which […]
Spiegel Online looks into the bitter dispute raging between Danone and Wahaha: Western businesspeople are keenly following the case, looking on with a mixture of polite sympathy and hidden schadenfreude as Danone slides into disaster. The multinational food company, which earned revenues of ‚Ǩ14.1 billion ($19.2 billion) in 2006, has since slipped into the role […]
A story explaining the relationship between Wahaha and Danone- and their eventual falling-out due to “extra-marital affairs”- as a case study for business schools. From The Australian: The first big question facing businesses that want to operate in China is whether they are brave enough or deep-pocketed enough to go it alone, or whether they […]
Danone, the French food company which is tussling with China’s largest drinks maker Wahaha over a brand dispute, may meet more setbacks as Bright Dairy & Food, another well-known dairy and drinks company in China, announced it may sue Danone. The Forbes magazine website reports. From Forbes: A shareholder in China’s Bright Dairy & Food […]
From BBC News: Wahaha , China’s largest drinks maker, is to go to arbitration in a trademark dispute with its French food partner, Danone , over who owns the Wahaha brand. Wahaha is one of China’s best-known brands of bottled water and drinks. Hangzhou Wahaha Group agreed in 1996 to transfer the Wahaha brand to […]
The Wall Street Journal and The New York times have covered the legal dispute between Wahaha and Danone , and China Law Blog has analyzed this news. From The Wall Street Journal: More than most companies, France’s Groupe Danone SA has trusted homegrown entrepreneurs to spread its food and beverages around the world. But that […]
From BBC News: China’s largest drinks maker Wahaha, has said it will not accept French firm Danone ‘s choice as the new chairman of the two companies’ joint venture. Escalating a dispute between the two groups, Wahaha’s comments come after its founder Zong Qinghou stood down as boss of Wahaha Joint Ventures. Mr Zong said […]
From People’s Daily: The dispute between Chinese beverage company Wahaha and its French partner Danone took another unusual and very pubic twist on Friday with the Wahaha president admitting he made mistakes but insisting the original contract he signed isn’t valid. Wahaha’s president Zong Qinghou says the original agreement between the two beverage giants was […]
From Financial Times: Danone, the French food and drinks group, has initiated legal action against its main joint venture partner in China, raising the stakes in a ferocious dispute that has threatened the future of the lucrative drinks business. The French group has sent a letter to Zong Qinghou, the chairman of its joint venture […]
Click on the image to download Firefly for circumvention
CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.
