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Brand Day shows nation s evolvement from world s factory to brand incubator
By GT staff reporters Published: May 10, 2021 11:08 PM Updated: May 10, 2021 11:56 PM
Photo:Yang Hui/GT
Along with an overbearing clampdown on neck-choke technologies that has Chinese tech giants such as Huawei besieged by various blockages comes enthusiasm over indigenous breakthroughs in areas ranging from chipsets to domestic brand strength.
Adding fuel to the flames of patriotism, global clothing retailers including Nike and H&M have been facing a backlash in China over unfounded boycotts of cotton sourced from Xinjiang while Li Ning, Anta, among other local brands now have pride of place in the preference rankings from consumers.