Wa Ha Ha is a huge Chinese food and beverage company with a name that sounds like a comic book villain’s laugh. The company has been in the news recently for a dispute with French giant Danone.
Two China blogs have covered the story in some detail and both posts (linked below) are worth reading if you are following the story.
From Peering Into The Interior:
The story behind the Wahaha Danone JV dispute
After reading China Law Blogs post on the Danone and Wahaha Joint Venture dispute, I just had to translate this 21st Century Business Herald article which ran over the weekend. Its details surpass anything reported so far in the western media, and explains in stunning detail how the Wahaha group and its CEO Zong Qinghou went about setting up mirror companies to steer profits away from the JV and into his pocket.
Earlier on Danwei: Wahaha designs and strategy (from 2004)