Last week’s resignation tendered by Kelly Zong Fuli, heiress of once China’s largest soft drink producer, turned out to be a non-event as the company announced that she would retain …
For about two decades, Kelly Zong Fuli operated in the shadows of her father, beverage tycoon Zong Qinghou – once China’s richest man. His death last month is now thrusting …
Zong Qinghou, the founder of China’s drinks giant Hangzhou Wahaha Group that bought out its French partner Danone to dominate the local market, has died, according to a company statement. …