Does the subsidiary developed strategies for localization and globalization?

Learning Goal: I’m working on a business question and need an explanation and answer to help me learn.Please Evaluate MINISO’s subsidiary in USA–Is the subsidiary commercially successful? Is the subsidiary integrated in the host market? Is the subsidiary successfully localized/globalized?You could also include the following question below:Is the subsidiary operating successfully?
Has COVID-19 interrupted the functioning of the subsidiary?
Has the subsidiary been affected by geo-strategic PESTLE factors?
Does the subsidiary developed strategies for localization and globalization?
Can you identify a learning process of the subsidiary in the host market?
Word limit: 100 words, please do not write more than 100 words cause I just have 35secs to read that. Thanks!

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