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2024-07-25 05:15:11

Fortune on Nostr: Trouble lies ahead for European luxury brands and car makers as China’s slowdown ...

Trouble lies ahead for European luxury brands and car makers as China’s slowdown hurts profits, share prices, valuations and jobs



Germany looks especially vulnerable as the country accounts for half of the European Union’s exports to China.

https://fortune.com/europe/2024/07/25/trouble-lies-ahead-for-european-luxury-brands-car-makers-chinas-slowdown-hurts-profits-share-prices-valuations-jobs-lvmh-burberry-omega-swatch-daimler-germany/
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