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It's a 'golden age' for Chinese brands bolstered by tech crackdown


It s a ‘golden age’ for Chinese brands bolstered by tech crackdown
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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. ....

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