Soft-drinks king plans to open department stores
By Michael Wei | China Daily | Updated: 2011-03-03 07:51
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Zong Qinghou, chairman of Wahaha Group, encourages employees to sing at the company's New Year Party. Li Zhenyu / for China Daily |
SHANGHAI - Billionaire Zong Qinghou, whose beverage maker Hangzhou Wahaha Group Co has made him China's richest man, said he plans to venture into retailing by opening 100 department stores.
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