Financial Times FT.com

Chinese consumers prefer own products

By Geoff Dyer in Shanghai

Published: October 28 2007 22:01 | Last updated: October 28 2007 22:01

Most Chinese consumers say they trust domestic brands more than foreign ones, according to a McKinsey survey that amounts to a stark warning for multinational companies about nationalist sentiment in China’s booming market.

In spite of the furore this year in the US and Europe about the safety of China-made goods, the survey also shows that Chinese consumers are increasingly confident about the quality of products made in their country.

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