Markets Punish Multinationals Dependent on China (Nikkei Asian Review)
A year into the Sino-American trade war, shares of global corporations with significant Chinese business are underperforming those without.
Nikkei took dollar-based stock prices for 300 companies with the world’s largest market capitalizations and compared them against the end of June 2018, just before the trade war began. At enterprises generating 20% or more of their total sales in China, share prices were up just 1%. But at companies earning 5% or less, stock prices rose 8%. READ MORE
Similar Posts:
- China’s Renminbi is Rapidly Displacing the US Dollar as a Trading Currency (FT)
- Vietnam Economy Grows Nearly 7% on Trade War Tailwinds (Nikkei Asian Review)
- China is Going After Foreign Car Makers (Fitch Ratings)
- Asia is Home to 50% of World’s Fastest Growing Companies (Nikkei Asian Review)
- Macro Tailwinds That Could Propel China’s Internet Sector (KraneShares)
- Five Misconceptions About China’s Stock Markets (KraneShares)
- Five Key Trends Driving China’s eCommerce Market (Nielsen)
- China Scrambles to Stem Manufacturing Exodus as 50 Companies Leave (Nikkei Asian Review)
- Trade War Steers Chinese Investment Toward Southeast Asia (Nikkei Asian Review)
- US-Chinese Business Partnerships Are Thriving (Kraneshares)
Leave a Reply