>1.) made in 2025 was announced in 2015. Crash happened last year in a sudden fashion across all luxury goods
Which is neither here nor there. Something can be announced in 2015 and be put in effect "last year", or have some significant component on it put in effect last year, or see the first major results of the overall thing a few years later.
>2.) brand loyalty doesn’t work like an immediate switch easily levered by a government.
Extra tariffs and support for local made products ("buy patriotic"), however does.
>3.) average Chinese citizens prefer foreign brands still, due to food and vaccine poisoning cases from local firms
>1.) made in 2025 was announced in 2015. Crash happened last year in a sudden fashion across all luxury goods
Which is neither here nor there. Something can be announced in 2015 and be put in effect "last year", or have some significant component on it put in effect last year, or see the first major results of the overall thing a few years later.
>2.) brand loyalty doesn’t work like an immediate switch easily levered by a government.
Extra tariffs and support for local made products ("buy patriotic"), however does.
>3.) average Chinese citizens prefer foreign brands still, due to food and vaccine poisoning cases from local firms
Which is irrelevant to things that are not foods.