Beijing — Zong Qinghou, a Chinese business magnate whose leading beverage firm once made him the richest person in the country, died Sunday, his company said. He was 79.
Zong was the founder of the Wahaha conglomerate, which specializes in bottled water, soft drinks, tea and other products.
He died Sunday morning after "treatment for an illness proved ineffective," the company said in an obituary on its Weibo social media account.
A memorial service for Zong will be held Wednesday at the company's offices in the eastern city of Hangzhou... Читать дальше...