20240228 Xi Wahaha Hangzhou headquarters Zong Qinghou

Chinese President Xi Jinping has failed to understand the market principle that legendary entrepreneur Zong Qinghou wielded while building a fortune. (Nikkei montage/Source photos by Kyodo, Getty Images, and Yusuke Hinata)

Analysis: Can Xi Jinping's 'buy new products' campaign fix China's economy?

Xi might be better off taking a cue from the legendary founder of Wahaha

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