China's economic slowdown to push consumers to local brands

Published: 26-Jan-2015
Finance

The country is experiencing the slowest growth in decades

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The sputtering pace of Chinese economic growth could be cause for alarm. China’s 7.4% growth rate in 2014 appears impressive, but in reality it is poor given China’s previous break-neck pace and its lowest economic clip since 1990. How the country’s burgeoning cosmetics players – such as Chinfie, Houdy, Herborist and Jahwa – will perform, remains to be seen.

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