How Zong Qinghou became the richest man in China

Back in 2003, my former student, Nancy Dai, and I wrote a case study on the rise of the Chinese beverage giant Wahaha. We called the case “Cola Wars in China: The Future is Here.” The second half of that title was obviously a play on Wahaha’s cola beverage brand, Future Cola, and the size and pace of growth of the Chinese market. It was also a reflection of the optimism we found in the Wahaha