Tag: brands in china
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Chinese Brands Outpace U.S. Giants Like McDonald’s and Apple in Market Dominance
Chinese brands are increasingly outperforming their American counterparts in China, challenging the long-held dominance of U.S. giants such as McDonald’s, Apple, and Starbucks. This shift is attributed to the rapid expansion of local brands that resonate with national pride and traditional Chinese culture, alongside aggressive growth strategies. For instance, Tasan, China’s answer to McDonald’s, and…