Are Your Favorite Brands Now Property of China?

Chinese companies have been buying up Western brands for years, whether grabbing big names going through tough times or investing in foreign technology. As the world battles to bounce back from the COVID-19 pandemic, some analysts believe that China – already on a corporate spending spree – will snap up more struggling companies in the West. But which companies are already under Chinese ownership? Read on to discover the famous Western firms that are majority or wholly owned by conglomerates in China.