US firms find fortune in China, but fear a slowdown

Newswire

By Rachel Cohen NEW YORK, April 27 (Reuters) - For big U.S. blue-chip companies like General Motors and Coca-Cola, first-quarter results soared on sales in China. But with many companies heavily invested there, the risk of a government-sponsored economic slowdown gives them reason to view the future with a little trepidation. China, traditionally seen as only an exporter of low-priced products, is rapidly changing in the eyes of Corporate America. More U.S. companies are willing to ...

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