CHINESE PERSONAL CARE PRODUCT MARKET MATURES AS ONLINE SALES BOOM

It is hard to avoid either a cosmetics store or an advertisement for one in Chinese cities today. A mind-boggling wave of new retailers set up by investment firms to cash in on the cosmetics and personal care boom are eagerly seeking franchisees around the country. A low-risk, high-profit investment is just what countless would-be entrepreneurs around China are seeking - at a time when long-frothy stock and real estate markets are both having an indifferent run of form. An investment of Chinese Yuan Renminbi CNY150,000 (USD21,760) is required to become a ...


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