Caixin
BUSINESS & TECH

Multinationals Rethink China Strategy in Changing Market

By Doug Young

(Beijing) — Labor unrest at Danone, Coca-Cola and Sony factories in China has cast a spotlight on a quiet pullback by some multinationals struggling with rising costs, a slowing economy and growing competition from homegrown rivals.

At the same time, others like fast food giants KFC and McDonald’s are also retooling their China strategies in a bid to strengthen their market position after several years of weak growth.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.