Bloomberg

@business ↗

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Last Checked June 5, 2022

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Wed May 25 09:12:53 +0000 2022

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Bloomberg @business

5) 🛒Young, nationalistic Chinese drove the backlash against H&M and Nike after the companies denounced the use of cotton from Xinjiang due to accusations of human rights violations against its Uyghur minority. https://t.co/BrxHUu5yuo https://t.co/1gObMmjyXH — PolitiTweet.org

Posted May 25, 2022 Hibernated

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Bloomberg @business

4) Unlike their parents, China's Gen Z tends to be less impressed by products simply because they’re foreign. “I don’t want to pay any premium for a brand’s origin, I’ll only pay for its designs and value for money,” says Sarah Lin, a 22-year-old student https://t.co/BrxHUu5yuo — PolitiTweet.org

Posted May 25, 2022 Hibernated

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Bloomberg @business

6) The gap left behind paved the way for local rivals like Anta Sports, Li Ning – who support Xinjiang cotton – to surpass the global brands in sales by introducing products targeting local consumers, including apparel emblazoned with Chinese characters https://t.co/BrxHUu5yuo https://t.co/A9s2QmcbKP — PolitiTweet.org

Posted May 25, 2022 Hibernated