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Companies

Itochu finds hope in alliance with China's Citic in apparel

Japan trader still faces challenges in FamilyMart-branded retail operations

Partnership with Citic is the most high-profile symbol of Itochu's commitment to the Chinese market.(Source photo by Reuters) 

TOKYO -- China Inc. is reeling from the devastating pandemic that has squashed domestic consumer spending. But Bosideng International Holdings, China's biggest down-clothing maker, remains unruffled. It is reporting record earnings despite the clouded business climate.

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