Foreign firms bet on China's consumers
By Reuters In London | China Daily | Updated: 2016-02-04 08:17
Coffee shops, burger bars, tissue makers and clothes stores thrive even as industrial companies suffer due to economic slowdown
Coffee shops, burger bars and clothes stores are among the foreign businesses in China that say they are thriving despite the economic slowdown that is hurting the manufacturing sector.
A Reuters examination of comments or recent statements from 34 large publicly traded foreign companies that updated investors on their China operations shows a diverging experience between sectors.
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