Regulatory changes in China benefit cosmetics industry - International Law
To print this article, all you need is to be registered or login on Mondaq.com. China's is already the world's second-largest cosmetics market, but international players in particular are optimistic that it will grow further. According to figures from China's Ministry of Commerce, the value of imported cosmetics over 2020 grew a whopping 30%, which underscores the continued demand for international products in this category. At the same time, domestic penetration remains a challenge for many international brands, at least in part due to legal reasons. The complex regul...
Source: mondaq.com