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China's 'Princess of Wahaha' Zong Fuli looks to revive US$2 billion family beverage business after founder's passing

The death of Zong Qinghou, formerly China’s richest man, is thrusting his only child into the spotlight. Her family fortune has dwindled as rivals outsell Hangzhou Wahaha Group by latching onto new trends and younger consumers.
Hong Kong Zong Qinghou Kelly Zong Harry Han China Federation Of Industry China Beverage Industry Association
Source: scmp.com

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Whisky wooing young Chinese away from 'baijiu' as top distillers target a growing market - New Delhi Times - India's Only International Newspaper

A distillery in southwestern China is aiming to tap a growing taste among young Chinese for whisky in place of the traditional “baijiu” liquor used to toast festive occasions. The more than $100 million distillery owned by Pernod Ricard at the UNESCO World Heritage site Mount Emei launched a pure-malt whisky, The Chuan, earlier this…
Yang Tao Sylvia Sun Raymond Lee Alexandre Ricard Harry Han Mount Emei

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