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Chinese dragon losing its shine for foreign firms

Monday, August 10, 2015 - 05:50
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GOOD CALL: Apple's iPhone sales surged 85 per cent in Greater China with revenue from the region more than doubling to US$13 billion for the latest quarter ended June 27, according to the company.

Beijing

THE once-irresistible allure of the Chinese market to foreign multinationals is losing some of its lustre as slowing growth in the world's second-largest economy hits their sales.

The latest figures from firms reporting during the current results season in Europe, the