No place like home: Chinese firms stung by trade war build up domestic brands
For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips (PHG.AS) and Honeywell (HON.N) with products made in its Chinese factories for the U.S. and other overseas markets. That strategy paid off, helping it grow into the world’s second-largest maker of robotic vacuum cleaners. […]
Continue Reading