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China leading the world: TikTok is fastest-growing brand as Chinese brands look to future

– – • TikTok/Douyin achieves explosive growth, leading the nation and world in brand value growth – • ICBC is China’s most valuable brand at over US$75 billion – • Increased investment is correlated with increased State Grid brand value growing past US$60 billion – • BYD brand value doubles in value as electric vehicle market expands – • Wuliangye achieves 12% brand value growth – • Yili jumps 7 places as dairy brand value continues to grow – • Huawei overcomes geo-political challen…

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