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US Firms in China Watch Profits Plunge to Record Lows

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Manage episode 440565063 series 2903338
Innhold levert av Joshua Philipp. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Joshua Philipp eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
U.S. companies working in China are now watching their profits plummet to record lows. And this is not just limited to those from the United States—even European ones are watching the downturn of their businesses in China. The latest development is dashing beliefs that the market could improve. But new Chinese Communist Party policies that favor domestic companies, a tumbling economy, and an expanding global trade war now appear to be taking their toll. The development could also accelerate the process of companies leaving the country, facing dimming profits, which could likewise have a ripple effect through investment and then to the economy overall. We’ll discuss in this episode of Crossroads. Views expressed in this video are opinions of the host and guests, and do not necessarily reflect the views of The Epoch Times. ⭕️ 🇺🇸Josh's Special Offer👉 https://ept.ms/JoshSpeicalOffer ⭕️ Support our fight for the truth👉 https://donorbox.org/crossroads
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1124 episoder

Artwork
iconDel
 
Manage episode 440565063 series 2903338
Innhold levert av Joshua Philipp. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Joshua Philipp eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
U.S. companies working in China are now watching their profits plummet to record lows. And this is not just limited to those from the United States—even European ones are watching the downturn of their businesses in China. The latest development is dashing beliefs that the market could improve. But new Chinese Communist Party policies that favor domestic companies, a tumbling economy, and an expanding global trade war now appear to be taking their toll. The development could also accelerate the process of companies leaving the country, facing dimming profits, which could likewise have a ripple effect through investment and then to the economy overall. We’ll discuss in this episode of Crossroads. Views expressed in this video are opinions of the host and guests, and do not necessarily reflect the views of The Epoch Times. ⭕️ 🇺🇸Josh's Special Offer👉 https://ept.ms/JoshSpeicalOffer ⭕️ Support our fight for the truth👉 https://donorbox.org/crossroads
  continue reading

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