May 10, 2023 9:00 am ETEstée Lauder is among the multinational beauty companies looking to invest in local brands in China.Some of the beauty industry’s biggest players are finding a rocky road to winning shoppers in China.
Their response: invest locally.We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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EU's China envoy says consultancy crackdown, anti-spy law worrying for businessThe European Union's ambassador to China said on Tuesday that a broadening of Beijing's anti-espionage law and investigations into consultancies operating there were concerning and could hurt efforts to open up its economy.
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