Just fifteen years ago, China’s consumers were flocking to Western brands. Now they prefer Chinese ones. The fate of the Starbucks Group is telling: its […]
Tag: growth
China’s economy is now a staggering 22% bigger than America’s, but for differing reasons, neither nation wants to acknowledge this fact. And why the Europeans don’t (want to) get a bigger slice of the growing cake.
In a December 2023 article titled “Sorry America, China has a bigger economy than you” (see screenshot above), the Financial Times notes that China’s economy […]