Zong Qinghou

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China’s Richest Man: Wealth Gap Not a Priority

China’s richest man, Wahaha beverage tycoon Zong Qinghou, proposes tax cuts and monopoly break-ups to reverse slowing economic growth which has alarmed many observers. From Bloomberg “Economic growth will slow down again...

Officials’ Offspring Enjoy Earnings Boost

A study from Tsinghua University indicates that college graduates with family ties to government officials appear to enjoy advantages in the workplace. From Beijing Evening News, via Global Times: Researchers found that...

China’s Richest Man, “One Yuan at a Time”

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...

Wahaha Chairman Tops Forbes Rich List

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...

Danone Under Pressure to Quit China Venture – Rowan Callick

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 […]

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