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Friday, May 18, 2012

As China Cools, Foreign Profits Shift

I am surprised by the growth of some consumer brands in China, such as Apple and Starbucks. Apple's sales tripled to $7.9 Billion last quarter (20% of the company's total revenue), which led to a 94% increase in profit.

Industrial companies are seeig less sales in China.

As China Cools, Foreign Profits Shift - WSJ

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