Change Is Coming to China. It Could Mean Trouble for Tesla, Nike, and Other S&P 500 Companies.

3 weeks ago 11
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Updated Sept. 27, 2021 3:44 p.m. ET / Original Sept. 27, 2021 2:58 p.m. ET

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As China grapples with the indebtedness troubles successful its spot market, a slowing economy, and attempts to reshape its system and absorption much connected societal bully implicit profitability, galore U.S. companies whitethorn consciousness immoderate pain.

China’s spot and exertion companies person felt the brunt of the symptom truthful far, amid the indebtedness situation of China Evergrande Group, 1 of the country’s largest spot developers, and the regulatory onslaught targeted astatine China’s net giants. President Xi Jinping continues to tighten power implicit the system with...

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