It's a ‘golden age’ for Chinese brands bolstered by tech crackdown
Sorry, but your browser needs Javascript to use this site.
If you're not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
A customer shops at a Perfect Diary store in Beijing in August of last year. From cosmetics to bubble tea, Chinese ventures making waves among a new generation of shoppers are becoming a magnet for funds hunting for their next big hit. | REUTERS
Bloomberg
Jul 10, 2021
China’s intensifying crackdown on technology companies is proving to be a cautionary tale for investors in the nation’s startups, with one notable exception: consumer brands.