Participants arrive on the main street of Davos, Switzerland, on Monday before the opening of the World Economic Forum 2020. Nearly 3,000 people from around the world attended the annual get-together of politicians, economists and business people. Photo: Guan Cong/Caixin

Local stores have been renovated into brand outposts for international companies. Photo: Guan Cong/Caixin

People walk past Facebook’s brand outpost. Hundreds of local stores have been taken over for the week by large international companies such as Facebook and HSBC, BBC News reports. Photo: Guan Cong/Caixin

A JD.com Inc. employee sets up a window display. Photo: Guan Cong/Caixin

Vehicles drive past Huawei’s brand outpost. Photo: Guan Cong/Caixin