The Hershey Company, the largest U.S. chocolate manufacturer, decided to enter the Chinese market because

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27-07-2022
Business

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The Hershey Company, the largest U.S. chocolate manufacturer, decided to enter the Chinese market because

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Tundexi Tundexi · Answer 1 · 2022-08-09T16:36:14+02:00

The largest U.S. chocolate manufacturer known as "The Hershey Company" decided to enter the Chinese market because the U.S. population was growing slowly and becoming more health conscious.

What is a growing population?

This refers to the gradual increase in the number of people in a population or dispersed group such as the human population growth which amounts to around 83 million annually or 1.1% per year.

Because of this, the largest U.S. chocolate manufacturer known as "The Hershey Company" decided to enter the Chinese market because the U.S. population was growing slowly and becoming more health conscious.