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China slowdown? Depends on where you look

Reuters  |  NEW YORK 

By Chuck Mikolajczak and Lewis KrauskopfNEW YORK (Reuters) - Many U.S. consumer companies are brushing aside worries that China's weakening economy and sputtering stock market will dramatically damage their bottom lines even with early trouble signs in recent earnings reports.Most notably, companies dependent on Chinese infrastructure growth, such as United Technologies Corp and Caterpillar Inc , are claiming soft second-quarter earnings and a downgraded outlook based on weakened Chinese demand. Consumer companies like United Continental Holdings Inc , Apple Inc and General Motors Co , on ...

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First Published: Fri, July 24 2015. 02:28 IST
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