China Used to Be a Cash Cow for Western Companies. Now It’s a Test Lab

wsj.com/world/china/china-used-to-be-a-cash-cow-for-western-companies-now-its-a-test-lab-2c5e52e8

Competition has pushed some brands to adapt to Chinese taste and introduce lower prices—and use the country as an innovation hub.

This story appeared on wsj.com, 2025-11-30 04:00:00.
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