What is it like to be the daughter of China’s wealthiest man? “Rich and boyfriendless,” according to Zong Fuli, the only daughter and heiress of beverage tycoon and billionaire Zong Qinghou.
“It’s not easy for her to tell whether men are genuinely interested or just in her wealth,” the report said. “It turns out all of them just want to do business.”Zong’s revelation has become a hot topic on China’s social media, where netizens eagerly offer advice.
“Zong should give away all his money to poor children in rural villages so his daughter can find Mr Right,” said one blogger on Sina Weibo, one of China’s Twitter-like services.“Fake a new identity and get a low-key job,” suggested another Weibo user. “Then you will find true love.”
“Forget about men,” advised another Weibo user, “they will all go after your money.”Zong Qingho, chairman of Wahaha group, topped the Hurun Rich List last year with a personal fortune of US$10 billion HK$78 billion.His daughter, Zong Fuli, studied business in the United States. She returned to China in 2004 before joining the management of Wahaha in March 2005. Zong Fuli has since gained a reputation as hard-working and independent.
Mainland China is in no position to take Taiwan by force
Unlike his predecessors, Chinese President Xi Jinping has demonstrated greater intensity in the desire for reunification.
The situation across the Taiwan Strait has seemed to be on the brink of crisis since 2018. Beijing has sent numerous sorties of military aircraft to conduct exercises near Taiwan and frequently crossed the median line of the Taiwan Strait.(more…)
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RCEP and China: Reimagining the future of trade in Asia
The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.
Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.(more…)
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