Toshiba home appliances returning to China

TOKYO — Toshiba-brand home appliances will hit Chinese store shelves after a hiatus of more than a year, following an acquisition by Midea Group, the world’s largest producer of these goods. Toshiba had sold its brand of home appliances in China until 2015, when slumping sales forced a retreat from the market. With Midea’s purchase of an 80.1% stake … Read more