Business

US Brands Face Challenges in China

Updated 2026-08-21 11:40 UTC 1 source Negative

American brands like Nike, Starbucks, and GM are losing ground in the Chinese market due to domestic competition, geopolitical factors, and changing consumer preferences.

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CNBC
Nike, Starbucks and GM have lost ground in China as domestic rivals, geopolitics and changing consumer preferences reshape the market.
2026-08-21 11:30 UTC
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