China out, Japan, South Korea and India In - How luxury brand market in Asia is changing

TOKYO, Jan 20 (Firstpost) - China is about to embark on a diplomatic campaign in Europe’s power centers. Top Chinese delegation will visit Germany and Belgium next month in a bid to reset relations with a skeptical Europe.

China can stomach the fact that the US treats it as a hostile rival but cannot afford to lose Europe too. Yet, persistent US efforts to draw Europe away from China have delivered at least some results.

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