In February, China’s clothing giant, Dalian Wanda Group, announced it was buying 100 percent of Indian clothing maker, Balinese Clothing Manufacturers, for a reported $150 million.The move was a big deal for Dalian, a Chinese-based conglomerate with a global reach.Balinese, which makes shirts, coats, shorts and more, also produces the iconic “T-shirt” that became synonymous […]
Chinese clothing manufacturer to make $150m in sales after buying 100% of Indian company
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