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> Major brands (apple, tesla, disney, etc.) are not going to divest from China

Diversification is already happening - 20,000 foreign companies have left China in the last 4 years. Samsung, LG, GoPro, etc.

> China is a big part of their future market

The Unemployed and semi-unemployed might reach 300M+ people in China. Chinese consumer market is slowing down big time - Lost decades just like Japan

discuss

snicker7|4 years ago

China is not a rich country per capita (on par with LATAM), but it’s massive size is what attracts businesses.