China's former richest person, Zong Qinghou, passes away at 79

Zong Qinghou, a Chinese business magnate whose leading beverage firm once made him the richest person in the country, died on Sunday, according to an official statement released by his company. Zong, 79, was the founder of the Wahaha conglomerate, which specialises in bottled water, soft drinks, tea and other products.