Recent data from the Chinese government and companies that reported earnings already paint a fuzzy picture.
There are signs that China's economic stumbles are starting to stabilize. But looking at quarterly numbers and commentary from multinational companies doing business there, the road back for the world's second-largest economy remains uneven. This paints a fuzzy picture for our stocks that generate lots of revenue in China — Estee Lauder , Starbucks and Wynn Resorts — as they get ready to report their quarterly results.
An employee services in a Starbucks coffee truck at Wuhan International Plaza on October 6, 2022 in Wuhan, Hubei province, China.But looking at quarterly numbers and commentary from multinational companies doing business there, the road back for the world's second-largest economy remains uneven.
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