A luxury store in Beijing. Photo: AFP
Multinational brands must be China-specific, not rely solely on global experience to thrive on the mainland, analysts say
- Multinationals must view China as a singular market and not simply transfer their global experience to the country: Kantar Worldpanel executive
- Setting up a China-specific operation model, with local teams on the ground, is very important, Bain analyst says
A luxury store in Beijing. Photo: AFP