- Social media and e-commerce have rattled the retail industry and unarguably reduced the bargaining power for firms trying to sell their wares to the increasingly cost-competitive Chinese consumer.
- Locals often veer towards imported brands seeking better quality and aesthetics with superior design.
Price obviously is not a limiting factor coupled with difficulties buying the products in China.
Howe....
Tags : Chinese brands, home-grown businesses, e-commerce, social media, foreign brands,
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