It is unbelievable what has come to this: European multinationals are crying at the mercy of the Chinese economy
Multinational groups from Volkswagen, AB InBev and L’Oréal have issued the alarm about demand in China, the effects of an economic slowdown exacerbated by the decrease in appetite for foreign brands and the tightening of competition domestic, writes mediafax.ro. Results this week from WPP, the London-listed advertising giant, saw sales in China fall by almost … Read more