Advertisement
Advertisement
China economy
Get more with myNEWS
A personalised news feed of stories that matter to you
Learn more
People pay their respects and place bouquets outside the headquarters of Wahaha following the death of its founder Zong Qinghou, in Hangzhou in eastern China’s Zhejiang province on February 26. Photo: AFP

Letters | Why the death of a Chinese billionaire sparked public mourning

  • Readers discuss the reaction to the passing of the founder of Wahaha Group, and the slaughter of donkeys for an in-demand product in China
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at [email protected] or filling in this Google form. Submissions should not exceed 400 words, and must include your full name and address, plus a phone number for verification.
Last week, the news that Zong Qinghou, founder of Hangzhou-based beverage giant Wahaha Group, had passed away at the age of 79 was much discussed in mainland China. Zong founded Wahaha in the 1980s and expanded it. In 1996, the company’s cooperation with the world-renowned beverage company Danone Group began, although that ended in 2009.

The seemingly ordinary obituaries of a well-known local entrepreneur unexpectedly sparked a strong outpouring of grief from Chinese society. In a rare tribute for an entrepreneur, people laid flowers and paid their respects at the company’s headquarters, a gesture usually reserved for disasters or accidents. One reason for this collective mourning is that for many Chinese, Wahaha products are firmly associated with memories of their youth and especially of the 1990s. Most grew up with the company’s soft drinks, still popular today.

Another reason is Zong’s commitment to industrial development, leading the company to focus on the beverage and drinking water industry. Wahaha grew from a small business into a billion-dollar Chinese company without an initial public offering. In an era in which many Chinese companies rush to go public, this down-to-earth approach garnered respect.

Additionally, Zong lived a frugal life despite being one of the richest men in China. His humble demeanour during social and media events was looked upon favourably.

Recently, Zong Fuli, his daughter and successor, has been the focus of attention. Successors to the leaders of successful private companies in China tend to be scrutinised. The uncertainty lies in whether the second-generation wealthy have the ability to carry on the legacy of their parents. While most are portrayed negatively, Zong Fuli is seen as capable.

Finally, many reports on Zong Qinghou’s death mentioned “private enterprises”, connecting him and his company with China’s “reform and opening-up” policy. This seems to suggest nostalgia for the policy adopted by the Chinese government in 1978. Through the development of the private economy and opening up to foreign investment, many companies started from scratch and brought vitality to China’s economy.

Amid economic instability and uncertainty, mourning for this entrepreneur serves a cathartic function. China’s private enterprises, especially small and medium-sized ones, are struggling to survive; Zong is a role model for them. We must believe in their resilience.

Henry Yuan, Chengdu

Senseless killing of donkeys must stop

The op-ed, “In Africa, China needs ‘donkey diplomacy’” (February 29), is well worth reading. The slaughter of donkeys in their millions that enables companies peddling ejiao to profit from gullible people’s self-interest in strengthening their body, prolonging their life and enhancing their supposed beauty needs to be stopped.

The poor need those donkeys far more than the vain people buying this product, and the donkeys need their skins. Such cruelty has no place in a civilised world. Hopefully this “cure-all” remedy will soon be consigned to the pages of history, which is where it rightfully belongs.

Joan Miyaoka, Sha Tin

1