Posted inChina, European Union, France, Hong Kong, Italy, Japan, Middle East, New Zealand, Northeast Asia, Oceania, Russia, Shanghai, Turkey, United Kingdom, World

Candy rush for China’s electronics giant

Vast parts of Europe lay in ruins in 1945 when Candy rolled out the first Italian washing machine. It was just months after the end of World War II and the continent was in chaos. Fast forward more than 70 years and the Fumagalli family-owned manufacturer is back in the news after being sold to […]

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