China Becomes a Refuge for U.S. Companies After Overcoming Covid-19

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Despite rising political tensions, U.S. brands have suffered little commercial fallout among consumers in China, enabling them to capitalize on the economic rebound there

SHANGHAI—China has long been an important destination for U.S. companies. In the June quarter, the world’s second-largest economy became a vital refuge for many of them as China’s rebounding consumer economy helped offset the damage from tumbling sales back home.

In earnings calls for the quarter, senior executives from some of America’s best-known brands singled out China for salvaging what otherwise was a rough three months.

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我们希望你能买到美国、欧洲、日本优质的商品,中国人的收入并不低,我们不希望商业战争

......they created the PANDEMIC.....they STEAL IP and UNDERMINE the WEST.......this article just reinforces the need to move as much as feasible away from CHINA.....this is perfection if your Xi

Thanks China.

The fuck are you smoking?

That was the whole plan !

China owns 51% of WSJ

Propaganda

I dunno why so many ppl here said this is a CCP propaganda. Maybe they just hate to see anything good about China.

A pandemic originated from china and was allowed to spread to other nations of the world freely. the Chinese doctor who tried to warn the world of the virus died mysteriously. china now is the first major economy to emerge from the pandemic. Nothing suspicious here at all.

China suffered a lot at the beginning of virus and then did the right things. Some Americans don’t want to accept this fact. They’d rather choose to believe political rumors.

SimonSW13 This must be disinformation. According to sources China still suffers greatly from coronavirus has been lying about real infection numbers since day one. There are rumored over 6 millions cases and 160K deaths as of August 8th.

When China rise up to be a competitor, they do whatever they can suppress the nation’s ambition.

When western companies come to invest in China, they just want to make big money by taking advantage of its huge market and cheap labor.

Our own media cheering the enemy on and they wonder why we hate them and cheer their demise

For how long? As I read the Treasury Dept documents US companies will no longer be able to use WeChat to communicate with Chinese customers or collect contactless payments. WeChat Pay is ubiquitous in China and being excluded from it will cripple US companies in China.

Wallstreet writer? Can you guys leave america if you want to rise money only?

Wallstreet want to push american to dead

China exported the virus first, of course they recovered first. Once western economy revives, we should remember who brought us the pandemic and conduct our consumption accordingly. BoycottMadeInChina

How interesting... they always say follow the money!

China exported the virus they know the beginning of it, the how and the why so it’s not surprising to know they recover first. China need to be hold accountable by the international community.

Of course, they had all setup, now they offering 2 billions in loans in Latin America and Caribbean to buy them their vaccines for the virus they've created... How can they risk that kind of money if they don't have the vaccine ready yet? Or they always had it? Pina33Celso

This is the moment China was waiting for... to take GDP share from the West faster than before...

American companies moving onto the next batch of children to lure, to fatten and to feast on They’d apparently do anything for access to those markets, even if it means kissing the ring of a brutal, genocidal, global pandemic inflicting, lying, cheating, commie dictatorship.

WSJ is showing real loyalty to CCP. Their journalists can go back to China now.

Believe or not. China is way better than anywhere in the world economically and politically. One day, you will all take the same system. Enjoy ~

What a crock of BS from WSJ. They really have deteriorated.

Considering the Kung Flu originated there and that it was active long before they let anyone else know about it, it makes sense they would get through it first.

CCP has become a lifeline for wallstreet and WSJ? This is near sighted and one way street thought. Recall what happened to china just a couples tens of years ago? economy crushed and people were in extreme poverty. Capitalist is the bloodline of CCP and feed them to a monster now

Is this written by a drunk?

Chinese communist propaganda. It makes me want to unsubscribe WSJ.

It's not surprising. China has the biggest balance sheet in the world

either bad or fool to trust highly manipulated data...

WSJ the Chinese partner in USA. So and now because proving a lifeline to Western companies they are a correct government. They sent the civid19 worldwide they must pay it. WSJ is weak .

first in first out

Don't worry, President Trump will soon drag China into another recession.

I am not interested in helping their economy.

Check Hemp Technology Inc ( $HPTY ) this is gonna be next Big stockand it’s cheap now.

One can’t trust the data from China but one can’t entirely dismiss the emerging results either.

Isn’t it embarrassing to you?

American biz greedy moved their companies from their nation to China because of cheap labor to make much profits but forgot how smart Chinese are in Copying , counterfeits and steals intellectual properties .Above all, Chinese are cheap will always buy made in China goods first

Shhh.... Trump will stop that.

This is an era of economic globalization, and the fate of every member is tied together.

Corporate overlords continue to prosper while millions get evicted, about to LOSE the scraps they were getting, being forced by laws and policies into situations preventing chances of previously earnable income while simultaneously funding and fueling the destruction of cities...

That’s because you can’t find a single shoe NOT made in China. We don’t have choices!

This time Chinese government has not exacted any limit for american companies, but interestingly, The US and China are more and more alike under the influence of Trump...

Chinese customers are rational people, they know what's happening in the US is nothing but an election show.

In other words, the Chinese Communist Party can direct the Chinese people to tank the US 'recovery'? GOP scmplifestyle

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Source: CNBC - 🏆 12. / 72 Read more »