Hangzhou Wahaha Group
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. 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 exercised 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" (儿童营养口服液). Although there were 38 producers of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hangzhou
Hangzhou, , Standard Mandarin pronunciation: ; formerly romanized as Hangchow is a sub-provincial city in East China and the capital of Zhejiang province. With a population of 13 million, the municipality comprises ten districts, two counties, and one county-level city in northwestern Zhejiang. It is situated at the head of Hangzhou Bay and the estuary of the Qiantang River. Established as a county seat in 221 BC, Hangzhou later served as the capital of the Wuyue Kingdom (923–997) and the Southern Song dynasty (1138–1276). The city has three UNESCO World Heritage Sites, which are the West Lake Cultural Landscape, the Grand Canal, and the Archaeological Ruins of Liangzhu City. Hangzhou is designated as a sub-provincial city. Hangzhou ranked ninth in GDP among mainland Chinese cities and 14th according to the Global Innovation Index. The city hosts the headquarters of Alibaba Group, Ant Group, DeepSeek, Geely, and NetEase. According to the Nature Index, it ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Peregrine Investments Holdings
Peregrine (including Peregrine Investments Holdings Limited and Peregrine Infrastructure Investments Limited) was an investment company based in Hong Kong. It was liquidated following the downturn of the Indonesian economy during the Asian financial crisis, and was acquired by BNP Paribas. History The Founding of the Company Peregrine was founded in 1988 with an initial investment of $38 million by former race car driver Philip Tose and Francis Leung. They had both worked with Citibank in the past and had a large number of connections to Hong Kong's business elite including Li Ka-shing, Gordon Wu and Larry Yung. The company's goal was to profit from the expanding Asian economy by underwriting stocks and bonds to provide capital for the Asian countries, especially the East Asian Tigers.Anthony Spaeth"The Hunt Is Over" ''Time Magazine'', Asia Edition, 26 January 1998, Vol. 151, No. 3, accessed 11 August 2005 Culture The company was characterised as "arrogant", and thrived on ta ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hangzhou Wahaha Group
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. 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 exercised 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" (儿童营养口服液). Although there were 38 producers of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Offshore Company
The term "offshore company" or "offshore corporation" is used in at least two distinct and different ways. An offshore company may be a reference to: * a company, group or sometimes a division thereof, which engages in offshoring business processes. * International business companies (IBC) or other types of legal entities, which are incorporated under the laws of a jurisdiction, that prohibit local economic activities. The former use (companies formed in offshore jurisdictions) is probably the more common usage of the term. In isolated instances, the term can also be used in reference to companies with offshore oil and gas operations. Companies from offshore jurisdictions In relation to companies and similar entities which are incorporated in offshore jurisdictions, the use of both the words "offshore" and "company" can be varied in application. The extent to which a jurisdiction is regarded as offshore is often a question of perception and degree. Classic tax haven countr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Caijing
''Caijing'' is an independent magazine based in Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ... that covers societal, political, and economic issues, with a focus on civil rights, public affairs, and business.James F. Scotton"New Media for a New China,"John Wiley & Sons, 8 March 2010, p. 71 History and profile ''Caijing'' was established by Hu Shuli in 1998 and has become a vehicle for independent reporting and criticism of all sorts and an exception to the rule about the strictures and limits on the Chinese domestic press. The magazine has its headquarters in Beijing. ''Caijing'' is published on a biweekly basis. The magazine's circulation is limited to about 200,000, but readers are said to include many of China’s most important offices in government, finance, an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chinese Yuan
The renminbi ( ; currency symbol, symbol: Yen and yuan sign, ¥; ISO 4217, ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the China, People's Republic of China. The renminbi is issued by the People's Bank of China, the Central bank, monetary authority of China. It is the world's Template:Most traded currencies, fifth-most-traded currency as of April 2022. The Yuan (currency), yuan () is the basic unit of the renminbi. One yuan is divided into 10 Jiao (currency), jiao (), and the jiao is further subdivided into 10 Fen (currency), fen (). The word ''yuan'' is widely used to refer to the Chinese currency generally, especially in international contexts. Valuation Until 2005, the value of the renminbi was Fixed exchange-rate system, pegged to the United States dollar, US dollar. As China pursued its Chinese economic reform, transition from planned economy, central planning to a market economy and increased its participation in foreign ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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British Virgin Islands
The British Virgin Islands (BVI), officially the Virgin Islands, are a British Overseas Territories, British Overseas Territory in the Caribbean, to the east of Puerto Rico and the United States Virgin Islands, US Virgin Islands and north-west of Anguilla. The islands are geographically part of the Virgin Islands, Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles and part of the West Indies. The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with more than 50 other smaller islands and cays. About 16 of the islands are inhabited. The capital, Road Town, is on Tortola, the largest island, which is about long and wide. The islands had a population of 28,054 at the 2010 Census, of whom 23,491 lived on Tortola; current estimates put the population at 35,802 (July 2018). The economy of the territory is overwhelmingly dominated by tourism and financial services. In terms of financi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chinatown
Chinatown ( zh, t=唐人街) is the catch-all name for an ethnic enclave of Chinese people located outside Greater China, most often in an urban setting. Areas known as "Chinatown" exist throughout the world, including Europe, Asia, Africa, Oceania, and the Americas. The development of most Chinatowns typically resulted from human migration to an area without any or with few Chinese residents. Binondo in Manila, established in 1594, is recognized as the world's oldest Chinatown. Notable early examples outside Asia include San Francisco's Chinatown in the United States and Melbourne's Chinatown in Australia, which were founded in the early 1850s during the California and Victoria gold rushes, respectively. A more modern example, in Montville, Connecticut, was caused by the displacement of Chinese workers in New York's Manhattan Chinatown following the September 11th attacks in 2001. Definition Oxford Dictionaries defines "Chinatown" as "...a district of any non-Asian town, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Coca-Cola
Coca-Cola, or Coke, is a cola soft drink manufactured by the Coca-Cola Company. In 2013, Coke products were sold in over 200 countries and territories worldwide, with consumers drinking more than 1.8 billion company beverage servings each day. Coca-Cola ranked No. 94 in the 2024 Fortune 500, ''Fortune'' 500 list of the List of largest companies in the United States by revenue, largest United States corporations by revenue. Based on Interbrand's "best global brand" study of 2023, Coca-Cola was the world's List of most valuable brands, sixth most valuable brand. Originally marketed as a temperance bar, temperance drink and intended as a patent medicine, Coca-Cola was invented in the late 19th century by John Stith Pemberton in Atlanta, Georgia. In 1888, Pemberton sold the ownership rights to Asa Griggs Candler, a businessman, whose marketing tactics led Coca-Cola to its dominance of the global soft-drink market throughout the 20th and 21st centuries. The name refers to t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Cola
Future Cola is a cola-flavoured carbonated beverage manufactured by Hangzhou Wahaha Group of China, where its market share is 12-15%, making it the third-largest manufacturer of soft drinks in China behind Coca-Cola and Pepsi Cola. It is distributed by Reed's, Inc., in the United States as China Cola. In China it is sold under the name ''Future Cola'' (), the patriotic by-line "The Chinese people's own cola", and the slogan "the future will be better". Markets China Wahaha started making its own cola in 1998. ''Feichang Kele'' (translated as Extreme Cola or, more commonly, Future Cola, for its sound) tastes like a cross between Coca-Cola and Pepsi, but bears a red and white label. Through Wahaha's extensive distribution network, Future Cola dominates rural China and its second- and third-line cities. Sales in 2003 amounted to 620 million litres, approximately 35% and 70% of the volumes of Coca-Cola and Pepsi-Cola Pepsi is a Carbonated water, carbonated soft drink w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' newspapers of record. The first issue of the newspaper was published on July 8, 1889. The editorial page of the ''Journal'' is typically center-right in its positions. The newspaper has won 39 Pulitzer Prizes. History Founding and 19th century A predecessor to ' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Soft Drinks
A soft drink (see § Terminology for other names) is a class of non-alcoholic drink, usually (but not necessarily) carbonated, and typically including added sweetener. Flavors used to be natural, but now can also be artificial. The sweetener may be a sugar, high-fructose corn syrup, fruit juice, a sugar substitute (in the case of diet sodas), or some combination of these. Soft drinks may also contain caffeine, colorings, preservatives and other ingredients. Coffee, tea, milk, cocoa, and unaltered fruit and vegetable juices are not considered soft drinks. Soft drinks are called "soft" in contrast with "hard" alcoholic drinks. Small amounts of alcohol may be present in a soft drink, but the alcohol content must be less than 0.5% of the total volume of the drink in many countries and localities See §7.71, paragraphs (e) and (f). if the drink is to be considered non-alcoholic. Types of soft drinks include lemon-lime drinks, orange soda, cola, grape soda, cream soda, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |