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Foreign groups lose share in China

No matter how much China’s growth might slow or its stocks stumble, the country’s consumers will not stop washing their clothes or eating cup noodles anytime soon.

But multinational makers of fast-moving consumer goods are finding it harder to rely on China to take up the slack for other regions.

Growth in sales of necessities has tumbled, even before the latest market gyrations, which could exacerbate the slowdown, retail analysts say.

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