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Multinationals continue to invest in China

02:32

At the 8th China International Import Expo, L'Oréal Group CEO Nicolas Hieronimus and Tapestry Group Chief Growth Officer Sandeep Seth both emphasized their continued commitment to the Chinese market. They noted that China is not only a highly dynamic hub of innovation but also a "testing ground" for innovation practices. Both companies plan to keep investing in China, including opening nearly 100 new stores, underscoring their strong confidence in the market.

(Cover via VCG)

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