Chinese Consumers Are Pulling Back on Big Western Brands
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
The world's second-largest economy has a cold and foreign brands are starting to sniffle.
From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy, The Wall Street Journal reported.
Source Fool.com
