Pop Mart: China’s soft power

Analysts poring over data to work out the location of China’s next attempt to flex its global ambitions generally concentrate on the more obvious routes, such as military and tech. They could be forgiven for giving no more than a cursory glance at the soft toy sector, so they may have overlooked Pop Mart’s astonishing success in colonising the globe with furry elf dolls. And the long march of Labubu shows no sign of slowing down. ..

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