Wahaha Joint Venture Company
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Wahaha Joint Venture Company
:''This article refers to the Sino-French joint venture. For the Chinese holding company, please see Hangzhou Wahaha Group'' The Wahaha Joint Venture Company was a food and beverage joint venture company established between the Hangzhou Wahaha Group, the largest beverage producer in China, and Danone, one of the world's largest food conglomerates. The companies became partners in 1996 in a business model ''Forbes'' magazine hailed as a "showcase" joint venture. As the businesses expanded and became more complex, Danone made several attempts to buy out Wahaha, but was rebuffed. Danone and Wahaha's General Manager Zong Qinghou signed a deal in December 2006, allowing Danone to buy a majority stake in the non-JV operations. However, Zong had second thoughts about the deal and reneged, claiming the offer was underpriced. It is alleged that he wanted to squeeze a higher price out of Danone. In a trademark dispute, Danone filed for arbitration in Stockholm on 9 May 2007. Danone took ...
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Hangzhou Wahaha Group
The Hangzhou Wahaha Group Co., Ltd. (WHH; ) is a private group of companies, and the largest beverage producer in China. The company is headquartered in Hangzhou, Zhejiang province. "Wa ha ha" signifies "laughing child". Wahaha has roughly 150 subsidiary companies and 60 manufacturing bases scattered throughout China. Wahaha employs about 60,000 staff.Paula M. Miller"The Chinese beverage company's expansion is no laughing matter"/ref> The company was originally a local government owned sales company founded in 1987–8. For most of the time since creation, it has been run by Zong Qinghou (宗庆后), who exercises operational control over the day-to-day operations. History Wahaha has its origins in the sales department of the Shangcheng District School in Hangzhou, which was founded in 1987. A factory, the "Hangzhou Wahaha Nutritional Foods Factory" (杭州娃哈哈营养食品厂), was created in 1989 to tap a niche in the market for a "children's liquid nutrient" 儿童营 ...
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British Virgin Islands
) , anthem = "God Save the King" , song_type = Territorial song , song = " Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = British Virgin Islands - Location Map (2013) - VGB - UNOCHA.svg , mapsize2 = 250px , subdivision_type = Sovereign state , subdivision_name = , established_title = , established_date = Dutch West Indies , established_title2 = British capture , established_date2 = 1672 , established_title3 = Cooper Island sold to UK , established_date3 = 1905 , established_title4 = Separate colony , established_date4 = 1960 , established_title5 = Autonomy , established_date5 = 1967 , official_languages = English , demonym = , capital = Road Town , coordinates = , largest_city = capital , ethnic_groups = 76.9% Black5.6% Hispanic5.4% White5.4% Mixed2.1% Indian4.6% other , ethnic_groups_year = 2010 , government_type = Parliamentary depe ...
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Three Gorges
The Three Gorges () are three adjacent gorges along the middle reaches of the Yangtze River, in the hinterland of the People's Republic of China. With a subtropical monsoon climate, they are known for their scenery. The "Three Gorges Scenic Area" is classified as a AAAAA scenic area (the highest level) by the China National Tourism Administration. The Three Gorges—comprising the Qutang, Wu, and Xiling gorges—span , beginning at Baidi City of Chongqing, in the west and ending at Nanjing Pass, at Yichang City, Hubei Province, in the east, between which are the Fengjie and Wu Mountains of Chongqing, as well as Badong, Zigui, and Yichang of Hubei Province. Course of the Yangtze River After arriving at Yibin (), in Sichuan Province (), the Yangtze River () flows from Jiangjin (), of Chongqing Municipality (), to Yichang (), of Hubei Province (); and this section of the river is called '' Chuanjiang'' (), or "the river of Sichuan". In the past, it was the only waterwa ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, R ...
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Taipei Times
The ''Taipei Times'' is the only printed daily English-language newspaper in Taiwan, and the third established there. Online competitors include the state-owned '' Focus Taiwan'' and '' Taiwan News''; '' The China Post'' was formerly a competitor but today is mostly non-operational. Established on 15 June 1999, the ''Taipei Times'' is published by the Liberty Times Group, which also publishes a Chinese-language newspaper, the ''Liberty Times'', Taiwan's biggest newspaper by circulation, with a pro– Taiwan independence editorial line. On 15 May 2017, '' The China Post'' was the ''Times''s last English-language competitor to go out of print and the ''Taipei Times'' is consequently offered at most points of sale, hotels and libraries as the English-language option. It is a participant in Project Syndicate. See also * * * Media of Taiwan The mass media in Taiwan is considered to be one of the freest and most competitive in Asia. Cable TV usage is high (around 80%) and there ...
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Agence France-Presse
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency. AFP has regional headquarters in Nicosia, Montevideo, Hong Kong and Washington, D.C., and news bureaus in 151 countries in 201 locations. AFP transmits stories, videos, photos and graphics in French, English, Arabic, Portuguese, Spanish, and German. History Agence France-Presse has its origins in the Agence Havas, founded in 1835 in Paris by Charles-Louis Havas, making it the world's oldest news service. The agency pioneered the collection and dissemination of news as a commodity, and had established itself as a fully global concern by the late 19th century. Two Havas employees, Paul Julius Reuter and Bernhard Wolff, set up their own news agencies in London and Berlin respectively. In 1940, when German forces occupied France during World War II, the news agency was taken over by the authorities and renamed "Offi ...
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Tax Haven
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but mo ...
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Offshoring
Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. More recently, technical and administrative services have been offshored. Offshoring and outsourcing are not mutually inclusive: there can be one without the other. They can be intertwined (offshore outsourcing), and can be individually or jointly, partially or completely reversed, involving terms such as reshoring, inshoring, and insourcing. Offshoring is when the offshored work is done by means of an internal (captive) delivery model, sometimes referred to as ''in-house offshore.'' Imported services from subsidiaries or other closely related suppliers are included, whereas intermediate goods, such as partially completed cars or computers, may not be. Motivation Lower cost and increased corporate ...
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Unequal Treaties
Unequal treaty is the name given by the Chinese to a series of treaties signed during the 19th and early 20th centuries, between China (mostly referring to the Qing dynasty) and various Western powers (specifically the British Empire, France, the German Empire, the United States, and the Russian Empire), and the Empire of Japan. The agreements, often reached after a military defeat or a threat of military invasion, contained one-sided terms, requiring China to cede land, pay reparations, open treaty ports, give up tariff autonomy, legalise opium import, and grant extraterritorial privileges to foreign citizens. With the rise of Chinese nationalism and anti-imperialism in the 1920s, both the Kuomintang and the Chinese Communist Party used the concept to characterize the Chinese experience of losing sovereignty between roughly 1840 to 1950. The term "unequal treaty" became associated with the concept of China's " century of humiliation", especially the concessions to foreign powe ...
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Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, ...
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Samoa
Samoa, officially the Independent State of Samoa; sm, Sāmoa, and until 1997 known as Western Samoa, is a Polynesian island country consisting of two main islands ( Savai'i and Upolu); two smaller, inhabited islands ( Manono and Apolima); and several smaller, uninhabited islands, including the Aleipata Islands ( Nu'utele, Nu'ulua, Fanuatapu and Namua). Samoa is located west of American Samoa, northeast of Tonga (closest foreign country), northeast of Fiji, east of Wallis and Futuna, southeast of Tuvalu, south of Tokelau, southwest of Hawaii, and northwest of Niue. The capital city is Apia. The Lapita people discovered and settled the Samoan Islands around 3,500 years ago. They developed a Samoan language and Samoan cultural identity. Samoa is a unitary parliamentary democracy with 11 administrative divisions. It is a sovereign state and a member of the Commonwealth of Nations. Western Samoa was admitted to the United Nations on 15 December 1976. Because ...
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Statute Of Limitations
A statute of limitations, known in civil law systems as a prescriptive period, is a law passed by a legislative body to set the maximum time after an event within which legal proceedings may be initiated. ("Time for commencing proceedings") In most jurisdictions, such periods exist for both criminal law and civil law such as contract law and property law, though often under different names and with varying details. When the time which is specified in a statute of limitations runs out, a claim might no longer be filed or, if it is filed, it may be subject to dismissal if the defense against that claim is raised that the claim is time-barred as having been filed after the statutory limitations period. When a statute of limitations expires in a criminal case, the courts no longer have jurisdiction. Most common crimes that have statutes of limitations are distinguished from particularly serious crimes because the latter claims may be brought at any time. In civil law systems, su ...
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