Challenges for American Brands in China

What is the main challenge U.S. consumer giants are facing in China?

• Increasing consumer spending

• Strong local competition

• Lack of brand recognition

• High import taxes

Apple's sales in Greater China fell to $15.03 billion from what previous amount?

• $15.08 billion

• $14.5 billion

• $16 billion

• $15.5 billion

Starbucks reported a 14% drop in what type of sales?

• Online sales

• Same-store sales

• International sales

• Wholesale sales

Nike's revenue share from China increased from 13.4% to what percentage?

• 14.4%

• 15%

• 13.8%

• 14%

Tesla's China sales rose by nearly what percentage?

• 10%

• 15%

• 22%

• 30%

Adidas posted growth in Greater China by focusing on what type of products?

• Imported products

• Locally sourced products

• Discounted products

• Luxury products

Which U.S. brand's Model Y became China's best-selling electric vehicle?

• Ford

• General Motors

• Tesla

• Chevrolet

The article mentions that U.S. brands need to strengthen what to succeed in China?

• Marketing strategies

• Local partnerships

• Product lines

• Online presence

Fill in the blank: U.S. brands are finding China a challenging market as _______ and strong local competition impact sales.

• Increasing taxes

• Slowing consumer spending

• Rising import costs

• Decreasing brand loyalty

Fill in the blank: CEO Tim Cook attributed Apple's flat results to _______ rather than growth.

• A) Exchange rate benefits

• B) Increased competition

• C) New product launches

• D) Marketing strategies