What are global companies saying about China's economy?

U.S. companies have expressed concerns about investing in China due to fines, raids, and other actions that have made it risky to do business there. Many global firms are taking a cautious approach to their China business, citing a slow recovery of the country's economy. However, some companies have reported positive developments, such as Estee Lauder forecasting a weak profit due to slow rebound in Asia travel retail, Starbucks experiencing a sharp recovery with sales surging 46%, and AbbVie Inc seeing rates for aesthetics treatments fully recover to pre-COVID levels.

from News-Economic Times https://ift.tt/0UutPjI