The market shares of foreign firms such as Schneider of France, Swedish robotic company ABB, Germany’s Siemens and France’s Legrand, are likely to weaken in China. Photo: Dustin Shum

Tough time ahead for foreign capital goods firms, but Japanese firms still in favour

Country to create more national champions at the cost of foreign original equipment manufacturers, the US brokerage firm Jefferies says

Topic |   China economy

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The market shares of foreign firms such as Schneider of France, Swedish robotic company ABB, Germany’s Siemens and France’s Legrand, are likely to weaken in China. Photo: Dustin Shum
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