Ever wondered why, despite a million identical ‘Made in China’ products, one fails to recollect a single Chinese manufacturing brand? The reason, according to researchers Moonkyu Lee, Na Wen and Francis M Ulgado may be that Chinese firms have been lax at creating brand equity and recall for home-grown products. This has worked against them in developed markets, given the quality concerns associated with ‘Made in China’ products.
Title: Country Image and Brand Equity Effects of Chinese Firms and Their Products on Developed-Market Consumer Perceptions
Source: Social Science Research Network