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Chinese flock to home-grown brands in golden opportunity for investors

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(Corrects Nina Gong’s location in the last paragraph to Beijing, not Shanghai) By Sophie Yu and Kane Wu BEIJING/HONG KONG (Reuters) -He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba’s Taobao online mall. Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands…

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