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.
Not yet a Subscriber?
This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.
Subscribe now Already a subscriber? Sign in here.
