US companies stand to earn less this year in China as growth slows in the world’s second largest economy. Photo: Reuters
US firms face ‘significant impact’ on revenue as growth slows in China, but Southeast Asia could gain
- China’s economic growth is forecast to slow amid fresh coronavirus outbreaks, denting profits for US firms
- But disruptions to Chinese manufacturing could steer factory orders to Southeast Asia, analysts say
US companies stand to earn less this year in China as growth slows in the world’s second largest economy. Photo: Reuters
