
American brands like Apple, Nike, Starbucks, and McDonald’s are facing challenges in China as local competitors such as Huawei, Anta, Luckin Coffee, and Tastien gain market share. The shift indicates a decline in the dominance of U.S. brands in the Chinese market.
What you send out into the world, comes back to you The end of "American dominance" in the Chinese market has come: the biggest brands have failed to compete and are suffering losses. Companies such as Apple, Nike, Starbucks and McDonald's are suffering huge losses due to… https://t.co/h20aTITyCp
Top American Brands Like McDonald’s and Apple Are Losing Ground in China https://t.co/8YM33izyhp
Watch: U.S. brands like Apple, Starbucks and McDonald’s are failing to keep up with new domestic rivals in China. WSJ’s Jonathan Cheng explores how local brands are squeezing their American rivals out. https://t.co/Z8MWKWdpZh https://t.co/Z8MWKWdpZh
