Chinese companies’ earnings to lay bare impact of economic slowdown ...Middle East

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Chinese companies’ earnings to lay bare impact of economic slowdown
Receive free Chinese business & finance updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. The full extent of China’s economic slowdown is set to be laid bare this week as corporate earnings reports are forecast to log poor performance and companies are set to downgrade outlooks, particularly in sectors with heavy exposure to the struggling real estate industry. Second-quarter results come as a worsening liquidity crisis among property developers and shaky local government finances compound investor doubts that Beijing will deliver stimulus big enough to put the world’s second-largest economy back

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